CHB Investment Group LLC Buys 1,369 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

CHB Investment Group LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 32,001 shares of the company’s stock after purchasing an additional 1,369 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up about 1.7% of CHB Investment Group LLC’s portfolio, making the stock its 8th biggest position. CHB Investment Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,219,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. AdvisorNet Financial Inc grew its position in iShares 0-5 Year TIPS Bond ETF by 102.9% during the 4th quarter. AdvisorNet Financial Inc now owns 3,019 shares of the company’s stock worth $304,000 after purchasing an additional 1,531 shares during the period. Friedenthal Financial boosted its position in iShares 0-5 Year TIPS Bond ETF by 2.4% in the 4th quarter. Friedenthal Financial now owns 39,730 shares of the company’s stock worth $3,997,000 after purchasing an additional 939 shares in the last quarter. Kwmg LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.3% during the 4th quarter. Kwmg LLC now owns 156,766 shares of the company’s stock worth $15,771,000 after purchasing an additional 409 shares during the period. Parkside Advisors LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 3.7% during the 4th quarter. Parkside Advisors LLC now owns 194,852 shares of the company’s stock valued at $19,602,000 after purchasing an additional 6,968 shares in the last quarter. Finally, City State Bank lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.1% in the 4th quarter. City State Bank now owns 58,973 shares of the company’s stock valued at $5,933,000 after purchasing an additional 1,200 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $100.72 on Tuesday. The stock’s 50-day moving average price is $100.71 and its 200-day moving average price is $100.47. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.36 and a 52 week high of $101.52.

iShares 0-5 Year TIPS Bond ETF Company 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.