Brookstone Capital Management Acquires 181,396 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Brookstone Capital Management increased its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4,176.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 185,739 shares of the company’s stock after acquiring an additional 181,396 shares during the period. Brookstone Capital Management owned approximately 0.23% of iShares 0-5 Year TIPS Bond ETF worth $18,819,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in STIP. Norden Group LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 328.7% in the first quarter. Norden Group LLC now owns 9,485,856 shares of the company’s stock valued at $943,179,000 after acquiring an additional 7,273,167 shares during the period. Wealthcare Capital Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 925.3% in the 1st quarter. Wealthcare Capital Management LLC now owns 665,819 shares of the company’s stock worth $66,202,000 after purchasing an additional 600,881 shares during the period. Dynasty Wealth Management LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the first quarter worth about $44,227,000. New York Life Investment Management LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 415.8% during the second quarter. New York Life Investment Management LLC now owns 268,939 shares of the company’s stock valued at $26,757,000 after buying an additional 216,799 shares during the period. Finally, Cetera Investment Advisers grew its stake in shares of 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 valued at $37,263,000 after buying an additional 204,788 shares during the last quarter.

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

Shares of NYSEARCA STIP opened at $100.90 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $96.68 and a fifty-two week high of $101.52. The business’s 50 day moving average price is $100.59 and its 200-day moving average price is $99.73.

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.