First Horizon Advisors Inc. Has $7.06 Million Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

First Horizon Advisors Inc. grew its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.2% in the 4th quarter, Holdings Channel reports. The fund owned 70,160 shares of the company’s stock after purchasing an additional 4,088 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $7,058,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of STIP. 3EDGE Asset Management LP lifted its position in iShares 0-5 Year TIPS Bond ETF by 156.7% in the 4th quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock valued at $126,905,000 after acquiring an additional 770,017 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after purchasing an additional 201,769 shares during the period. Jacobson & Schmitt Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $17,578,000. Victory Capital Management Inc. lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 57.1% in the third quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock valued at $37,490,000 after purchasing an additional 134,440 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% during the third quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after buying an additional 99,455 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $102.00 on Monday. The business’s 50 day simple moving average is $101.08 and its 200 day simple moving average is $100.87. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.49 and a 52-week high of $102.06.

iShares 0-5 Year TIPS Bond ETF Company 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.