iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Stake Raised by Valmark Advisers Inc.

Valmark Advisers Inc. increased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 53.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,210 shares of the company’s stock after acquiring an additional 45,546 shares during the period. Valmark Advisers Inc. owned about 0.16% of iShares 0-5 Year TIPS Bond ETF worth $13,200,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of STIP. Pflug Koory LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 534.7% in the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after acquiring an additional 401 shares in the last quarter. Ridgewood Investments LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 33.0% in the 4th quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after acquiring an additional 203 shares in the last quarter. Peterson Financial Group Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth about $177,000. First United Bank & Trust lifted its stake in iShares 0-5 Year TIPS Bond ETF by 19.2% in the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after acquiring an additional 308 shares in the last quarter. Finally, Coldstream Capital Management Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth about $200,000.

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

Shares of STIP stock opened at $101.78 on Friday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.49 and a fifty-two week high of $101.85. The stock’s 50-day moving average is $100.99 and its two-hundred day moving average is $100.80.

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.