Matrix Trust Co Acquires 441 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Matrix Trust Co increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 64.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,128 shares of the company’s stock after purchasing an additional 441 shares during the period. Matrix Trust Co’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $111,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of STIP. North Star Investment Management Corp. lifted its position in iShares 0-5 Year TIPS Bond ETF by 153.0% during the fourth quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock valued at $25,000 after acquiring an additional 153 shares during the last quarter. Farmers & Merchants Investments Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth $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. Tennessee Valley Asset Management Partners purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth $30,000. Finally, Sound Income Strategies LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 245.7% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $36,000 after buying an additional 258 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.0 %

Shares of NYSEARCA STIP traded up $0.03 during midday trading on Friday, reaching $99.20. The company had a trading volume of 279,121 shares, compared to its average volume of 537,963. The business’s 50-day simple moving average is $99.12 and its 200 day simple moving average is $98.35. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $96.27 and a 1 year high of $99.52.

iShares 0-5 Year TIPS Bond ETF 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.