Keating Investment Counselors Inc. Has $52.58 Million Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Keating Investment Counselors Inc. decreased its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 0.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 522,667 shares of the company’s stock after selling 2,229 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises approximately 16.4% of Keating Investment Counselors Inc.’s portfolio, making the stock its 2nd biggest holding. Keating Investment Counselors Inc. owned approximately 0.65% of iShares 0-5 Year TIPS Bond ETF worth $52,580,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in STIP. Pflug Koory LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 534.7% in the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after buying an additional 401 shares in the last quarter. Ridgewood Investments LLC raised its position in 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 iShares 0-5 Year TIPS Bond ETF in the third quarter valued at $177,000. First United Bank & Trust increased its position in iShares 0-5 Year TIPS Bond ETF by 19.2% during the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after purchasing an additional 308 shares during the period. Finally, Coldstream Capital Management Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth $200,000.

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

Shares of STIP opened at $101.78 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.49 and a 1-year high of $101.85. The firm’s 50-day moving average price is $101.01 and its 200-day moving average price is $100.82.

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.