Verdence Capital Advisors LLC Acquires 150 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Verdence Capital Advisors LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,539 shares of the company’s stock after acquiring an additional 150 shares during the quarter. Verdence Capital Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $352,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. CFS Investment Advisory Services LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 24.3% during the 4th quarter. CFS Investment Advisory Services LLC now owns 32,734 shares of the company’s stock worth $3,227,000 after acquiring an additional 6,408 shares during the period. First United Bank & Trust bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $77,000. TSA Wealth Managment LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $670,000. Lincoln National Corp boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 16.2% in the 4th quarter. Lincoln National Corp now owns 12,790 shares of the company’s stock worth $1,261,000 after buying an additional 1,786 shares during the period. Finally, Kickstand Ventures LLC. increased its stake in iShares 0-5 Year TIPS Bond ETF by 39.9% in the 4th quarter. Kickstand Ventures LLC. now owns 5,590 shares of the company’s stock worth $551,000 after buying an additional 1,594 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock traded up $0.04 during trading hours on Monday, hitting $100.44. The company’s stock had a trading volume of 371,138 shares, compared to its average volume of 469,631. The business has a 50 day moving average price of $99.61 and a two-hundred day moving average price of $99.28. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $96.27 and a 12-month high of $100.55.

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.