Liberty Capital Management Inc. Takes Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Liberty Capital Management Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 2,519 shares of the company’s stock, valued at approximately $255,000.

A number of other large investors have also added to or reduced their stakes in STIP. Blair William & Co. IL increased its position in iShares 0-5 Year TIPS Bond ETF by 4.3% in the 2nd quarter. Blair William & Co. IL now owns 64,236 shares of the company’s stock valued at $6,391,000 after acquiring an additional 2,668 shares during the period. Northland Capital Management LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 1.1% in the first quarter. Northland Capital Management LLC now owns 133,615 shares of the company’s stock valued at $13,285,000 after purchasing an additional 1,468 shares during the period. Brookstone Capital Management lifted its holdings 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 buying an additional 127 shares during the period. Cetera Investment Advisers lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 120.5% during the 1st quarter. Cetera Investment Advisers now owns 374,766 shares of the company’s stock worth $37,263,000 after buying an additional 204,788 shares during the period. Finally, NorthCrest Asset Manangement LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 3.9% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 57,247 shares of the company’s stock valued at $5,695,000 after buying an additional 2,125 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $100.90 on Wednesday. The business has a 50-day moving average of $100.79 and a 200-day moving average of $99.85. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $96.74 and a 1 year high of $101.52.

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.