BNP Paribas Financial Markets Grows Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

BNP Paribas Financial Markets lifted its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 804.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 166,473 shares of the company’s stock after buying an additional 148,062 shares during the period. BNP Paribas Financial Markets owned approximately 0.13% of iShares 0-5 Year TIPS Bond ETF worth $17,045,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of STIP. Chapman Financial Group LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter worth about $26,000. Caldwell Trust Co purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $29,000. Kingdom Financial Group LLC. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $29,000. Avalon Trust Co bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth about $41,000. Finally, Torren Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $41,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $102.28 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.98 and a 1 year high of $104.16. The business’s 50-day moving average is $103.45 and its 200 day moving average is $103.05.

iShares 0-5 Year TIPS Bond ETF Profile

The iShares 0-5 Year TIPS Bond ETF (STIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury Inflation-Protected Securities (TIPS) with a remaining maturity of less than 5 years. STIP was launched on Dec 1, 2010 and is managed by BlackRock.