Renaissance Technologies LLC Buys 99,400 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Renaissance Technologies LLC increased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 41.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 340,500 shares of the company’s stock after acquiring an additional 99,400 shares during the quarter. Renaissance Technologies LLC owned about 0.42% of iShares 0-5 Year TIPS Bond ETF worth $33,876,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of STIP. LWM Advisory Services LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 14.6% in the second quarter. LWM Advisory Services LLC now owns 4,763 shares of the company’s stock worth $474,000 after purchasing an additional 607 shares during the last quarter. MGO One Seven LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 17.3% in the 2nd quarter. MGO One Seven LLC now owns 42,615 shares of the company’s stock worth $4,240,000 after buying an additional 6,274 shares during the last quarter. Choreo LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.5% during the 2nd quarter. Choreo LLC now owns 29,822 shares of the company’s stock valued at $2,954,000 after buying an additional 1,559 shares in the last quarter. Financial Gravity Asset Management Inc. lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 13.1% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 145,580 shares of the company’s stock worth $14,384,000 after acquiring an additional 16,878 shares during the last quarter. Finally, Mine & Arao Wealth Creation & Management LLC. grew its position in iShares 0-5 Year TIPS Bond ETF by 3.7% in the second quarter. Mine & Arao Wealth Creation & Management LLC. now owns 4,251 shares of the company’s stock worth $423,000 after acquiring an additional 150 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $101.10 on Thursday. The business’s fifty day simple moving average is $100.07 and its 200 day simple moving average is $99.52. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $96.27 and a 52 week high of $101.34.

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.