NFP Retirement Inc. Purchases 3,452 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

NFP Retirement Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 25.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,265 shares of the company’s stock after purchasing an additional 3,452 shares during the quarter. NFP Retirement Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,737,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Knuff & Co LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth about $26,000. Pflug Koory LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 534.7% during the fourth 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. Bradley & Co. Private Wealth Management LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $52,000. Headlands Technologies LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $62,000. Finally, Atala Financial Inc purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $70,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $102.35 on Friday. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.53 and a twelve month high of $103.61. The stock’s 50 day moving average is $102.42 and its 200 day moving average is $101.41.

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.