Tanager Wealth Management LLP Invests $204,000 in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Tanager Wealth Management LLP acquired a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 2,032 shares of the company’s stock, valued at approximately $204,000.

Other large investors have also recently modified their holdings of the company. Pflug Koory LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 534.7% in the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after buying an additional 401 shares during the period. Ridgewood Investments LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 33.0% in the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after purchasing an additional 203 shares during the last quarter. Peterson Financial Group Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth about $177,000. First United Bank & Trust grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% in the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after purchasing an additional 308 shares during the last quarter. Finally, Coldstream Capital Management Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth about $200,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $101.65 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.36 and a 1 year high of $101.81. The business’s 50-day moving average is $100.88 and its 200 day moving average is $100.69.

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.