Evanson Asset Management LLC Invests $203,000 in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Evanson Asset Management LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 2,056 shares of the company’s stock, valued at approximately $203,000.

Several other hedge funds have also bought and sold shares of the business. North Star Investment Management Corp. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 153.0% in the 4th quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock worth $25,000 after purchasing an additional 153 shares in the last quarter. SkyView Investment Advisors LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 1st quarter worth approximately $25,000. Farmers & Merchants Investments Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at $26,000. Delos Wealth Advisors LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth $29,000. Finally, Covestor Ltd purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the first quarter valued at $33,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA STIP traded down $0.04 during trading on Thursday, reaching $99.43. 387,744 shares of the company traded hands, compared to its average volume of 516,393. The firm has a 50 day simple moving average of $98.86 and a 200-day simple moving average of $98.01. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $96.27 and a 52-week high of $99.66.

iShares 0-5 Year TIPS Bond ETF Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report).

Institutional Ownership by Quarter for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Receive News & Ratings for iShares 0-5 Year TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 0-5 Year TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.