Northland Capital Management LLC Increases Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Northland Capital Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 133,615 shares of the company’s stock after purchasing an additional 1,468 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for 9.3% of Northland Capital Management LLC’s portfolio, making the stock its 4th largest holding. Northland Capital Management LLC owned 0.17% of iShares 0-5 Year TIPS Bond ETF worth $13,285,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of STIP. ICA Group Wealth Management LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $25,000. Y.D. More Investments Ltd purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth $27,000. Delos Wealth Advisors LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth $29,000. Tennessee Valley Asset Management Partners purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth $30,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth $30,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP stock traded up $0.10 during trading hours on Wednesday, reaching $99.15. 288,021 shares of the stock were exchanged, compared to its average volume of 518,487. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $96.27 and a 12-month high of $99.57. The company’s 50-day moving average price is $99.19 and its 200-day moving average price is $98.99.

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.