Beckerman Institutional LLC Purchases New Shares in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Beckerman Institutional LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 22,527 shares of the company’s stock, valued at approximately $2,282,000. iShares 0-5 Year TIPS Bond ETF makes up approximately 1.9% of Beckerman Institutional LLC’s investment portfolio, making the stock its 12th biggest position.

A number of other institutional investors have also recently bought and sold shares of the business. Larson Financial Group LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 5,300.0% during the second quarter. Larson Financial Group LLC now owns 270 shares of the company’s stock worth $27,000 after buying an additional 265 shares in the last quarter. IAG Wealth Partners LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $30,000. Ridgewood Investments LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at approximately $34,000. Gleason Group Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $46,000. Finally, Deane Retirement Strategies Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the second quarter worth $54,000.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.0 %

Shares of STIP stock opened at $100.84 on Friday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $96.84 and a fifty-two week high of $101.52. The stock’s fifty day moving average price is $100.92 and its two-hundred day moving average price is $99.97.

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.