Financial Harvest LLC Invests $484,000 in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Financial Harvest LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,811 shares of the company’s stock, valued at approximately $484,000.

A number of other hedge funds also recently added to or reduced their stakes in STIP. Advyzon Investment Management LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $356,000. Jacobson & Schmitt Advisors LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth about $17,578,000. Abacus Planning Group Inc. raised its position in iShares 0-5 Year TIPS Bond ETF by 8.9% in the 4th quarter. Abacus Planning Group Inc. now owns 286,519 shares of the company’s stock valued at $28,824,000 after purchasing an additional 23,535 shares in the last quarter. Global Retirement Partners LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.5% in the 4th quarter. Global Retirement Partners LLC now owns 13,704 shares of the company’s stock valued at $1,379,000 after buying an additional 715 shares during the period. Finally, 3EDGE Asset Management LP grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 156.7% during the fourth quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock worth $126,905,000 after buying an additional 770,017 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP stock opened at $101.94 on Friday. The company’s 50 day moving average price is $101.06 and its 200 day moving average price is $100.85. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.49 and a fifty-two week high of $101.97.

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.