iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Purchased by Arkansas Financial Group Inc.

Arkansas Financial Group Inc. increased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 8.6% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 119,498 shares of the company’s stock after acquiring an additional 9,437 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up about 2.1% of Arkansas Financial Group Inc.’s holdings, making the stock its 11th largest holding. Arkansas Financial Group Inc. owned approximately 0.15% of iShares 0-5 Year TIPS Bond ETF worth $11,882,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. North Star Investment Management Corp. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 153.0% during the 4th quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock worth $25,000 after acquiring an additional 153 shares in the last quarter. ICA Group Wealth Management LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth approximately $25,000. Y.D. More Investments Ltd purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $27,000. Delos Wealth Advisors LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $29,000. Finally, Tennessee Valley Asset Management Partners purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $30,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP traded up $0.14 on Thursday, reaching $99.42. The company had a trading volume of 168,588 shares, compared to its average volume of 520,258. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $96.27 and a 1 year high of $99.57. The stock has a 50-day moving average price of $99.19 and a 200-day moving average price of $98.95.

About iShares 0-5 Year TIPS Bond ETF

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.