Park Edge Advisors LLC Acquires Shares of 101,209 iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Park Edge Advisors LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 101,209 shares of the company’s stock, valued at approximately $10,063,000. iShares 0-5 Year TIPS Bond ETF comprises approximately 2.8% of Park Edge Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Park Edge Advisors LLC owned 0.13% of iShares 0-5 Year TIPS Bond ETF at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in STIP. Clear Investment Research LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.6% in the 4th quarter. Clear Investment Research LLC now owns 7,436 shares of the company’s stock worth $733,000 after buying an additional 119 shares during the period. Brookstone Capital Management grew its position in iShares 0-5 Year TIPS Bond ETF by 3.8% during the 1st quarter. Brookstone Capital Management now owns 3,469 shares of the company’s stock worth $345,000 after purchasing an additional 127 shares during the period. AdvisorNet Financial Inc grew its position in iShares 0-5 Year TIPS Bond ETF by 18.2% during the fourth quarter. AdvisorNet Financial Inc now owns 843 shares of the company’s stock valued at $83,000 after buying an additional 130 shares during the period. Beaird Harris Wealth Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 6.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 2,586 shares of the company’s stock worth $251,000 after acquiring an additional 156 shares during the period. Finally, ORG Partners LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 7.8% during the fourth quarter. ORG Partners LLC now owns 2,694 shares of the company’s stock valued at $266,000 after acquiring an additional 194 shares during the last quarter.

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

Shares of STIP traded up $0.10 during mid-day trading on Thursday, reaching $99.15. The stock had a trading volume of 287,994 shares, compared to its average volume of 518,487. The business’s fifty day moving average is $99.18 and its 200 day moving average is $98.99. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $96.27 and a 52-week high of $99.57.

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.