Parkside Advisors LLC Purchases 11,467 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Parkside Advisors LLC grew its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 187,884 shares of the company’s stock after acquiring an additional 11,467 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises approximately 4.5% of Parkside Advisors LLC’s portfolio, making the stock its 8th biggest position. Parkside Advisors LLC owned approximately 0.23% of iShares 0-5 Year TIPS Bond ETF worth $19,036,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Norden Group LLC lifted its holdings in shares of 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 purchasing an additional 7,273,167 shares during the period. Wealthcare Capital Management LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 925.3% in the first quarter. Wealthcare Capital Management LLC now owns 665,819 shares of the company’s stock valued at $66,202,000 after acquiring an additional 600,881 shares in the last quarter. Dynasty Wealth Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the first quarter worth about $44,227,000. New York Life Investment Management LLC raised its holdings in 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 worth $26,757,000 after purchasing an additional 216,799 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in iShares 0-5 Year TIPS Bond ETF by 120.5% in the first quarter. Cetera Investment Advisers now owns 374,766 shares of the company’s stock valued at $37,263,000 after purchasing an additional 204,788 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

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

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.