Sykon Capital LLC Acquires Shares of 6,500 iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Sykon Capital LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 6,500 shares of the company’s stock, valued at approximately $654,000.

Other hedge funds also recently bought and sold shares of the company. Knuff & Co LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at about $26,000. Pflug Koory LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 534.7% during the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after buying an additional 401 shares in the last quarter. Bradley & Co. Private Wealth Management LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at about $52,000. Atala Financial Inc purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth approximately $70,000. Finally, Providence First Trust Co purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth approximately $75,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $102.89 on Friday. The stock’s 50 day moving average price is $101.88 and its 200 day moving average price is $101.19. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.53 and a 52 week high of $102.98.

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.