82,970 Shares in iShares 0-5 Year TIPS Bond ETF $STIP Purchased by Canal Capital Management LLC

Canal Capital Management LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 82,970 shares of the company’s stock, valued at approximately $8,582,000. iShares 0-5 Year TIPS Bond ETF makes up approximately 1.2% of Canal Capital Management LLC’s investment portfolio, making the stock its 24th biggest position. Canal Capital Management LLC owned 0.06% of iShares 0-5 Year TIPS Bond ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of STIP. BIP Wealth LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 4.9% during the fourth quarter. BIP Wealth LLC now owns 146,607 shares of the company’s stock worth $15,011,000 after purchasing an additional 6,861 shares during the period. Maseco LLP lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6.7% during the 4th quarter. Maseco LLP now owns 733,508 shares of the company’s stock worth $75,100,000 after acquiring an additional 46,249 shares during the period. Investment Partners Asset Management Inc. lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 35.7% during the 4th quarter. Investment Partners Asset Management Inc. now owns 26,606 shares of the company’s stock worth $2,724,000 after acquiring an additional 6,996 shares during the period. Brooklyn FI LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 27.7% during the fourth quarter. Brooklyn FI LLC now owns 34,664 shares of the company’s stock valued at $3,549,000 after purchasing an additional 7,529 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 66.1% during the fourth quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock valued at $75,618,000 after purchasing an additional 293,986 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP opened at $101.23 on Friday. The business has a fifty day moving average price of $102.87 and a two-hundred day moving average price of $102.93. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $101.11 and a fifty-two week high of $104.16.

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.