iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Purchased by Lazari Capital Management Inc.

Lazari Capital Management Inc. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,572 shares of the company’s stock after acquiring an additional 732 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises 0.9% of Lazari Capital Management Inc.’s investment portfolio, making the stock its 23rd biggest holding. Lazari Capital Management Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,084,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Larson Financial Group LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 5,300.0% in the second quarter. Larson Financial Group LLC now owns 270 shares of the company’s stock valued at $27,000 after purchasing an additional 265 shares in the last quarter. IAG Wealth Partners LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at $30,000. Ridgewood Investments LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth $34,000. Palisade Asset Management LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the first quarter valued at $35,000. Finally, Gleason Group Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $46,000.

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

Shares of STIP stock opened at $100.90 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $96.74 and a 1 year high of $101.52. The stock’s 50-day moving average is $100.79 and its two-hundred day moving average is $99.85.

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.