30,300 Shares in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Bought by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the second quarter, according to its most recent filing with the SEC. The fund purchased 30,300 shares of the company’s stock, valued at approximately $3,015,000.

Other hedge funds have also bought and sold shares of the company. Norden Group LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 328.7% during the first quarter. Norden Group LLC now owns 9,485,856 shares of the company’s stock worth $943,179,000 after acquiring an additional 7,273,167 shares during the last quarter. Wealthcare Capital Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 925.3% during the 1st quarter. Wealthcare Capital Management LLC now owns 665,819 shares of the company’s stock valued at $66,202,000 after purchasing an additional 600,881 shares during the last quarter. Dynasty Wealth Management LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 1st quarter valued at $44,227,000. New York Life Investment Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 415.8% in the second quarter. New York Life Investment Management LLC now owns 268,939 shares of the company’s stock worth $26,757,000 after buying an additional 216,799 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in iShares 0-5 Year TIPS Bond ETF by 120.5% during the first 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.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.0 %

STIP stock opened at $100.90 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.68 and a 12 month high of $101.52. The company has a 50-day moving average price of $100.59 and a 200 day moving average price of $99.73.

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.