Kiker Wealth Management LLC Makes New Investment in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Kiker Wealth Management LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,292 shares of the company’s stock, valued at approximately $231,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% during the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after purchasing an additional 201,769 shares during the last quarter. Altiora Financial Group LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% during the 3rd quarter. Altiora Financial Group LLC now owns 46,378 shares of the company’s stock worth $4,699,000 after purchasing an additional 585 shares in the last quarter. Nwam LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth approximately $1,083,000. Alesco Advisors LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.7% during the 3rd quarter. Alesco Advisors LLC now owns 105,568 shares of the company’s stock worth $10,696,000 after acquiring an additional 1,743 shares during the period. Finally, Cerity Partners LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.9% during the 3rd quarter. Cerity Partners LLC now owns 482,404 shares of the company’s stock worth $48,702,000 after acquiring an additional 13,725 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $102.82 on Friday. The firm has a 50 day simple moving average of $101.83 and a 200 day simple moving average of $101.17. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.53 and a one year high of $102.90.

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.