Diversify Advisory Services LLC Has $641,000 Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Diversify Advisory Services LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 33.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,368 shares of the company’s stock after buying an additional 1,605 shares during the quarter. Diversify Advisory Services LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $641,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of STIP. Ridgewood Investments LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 33.0% during the 4th quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock valued at $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 during the third quarter worth $177,000. Coldstream Capital Management Inc. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth $200,000. CWA Asset Management Group LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at $204,000. Finally, W.H. Cornerstone Investments Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth $205,000.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.1 %

Shares of STIP opened at $101.09 on Wednesday. The business has a 50-day simple moving average of $100.76 and a two-hundred day simple moving average of $100.56. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $98.36 and a 12-month high of $101.52.

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.