Silver Oak Securities Incorporated Boosts Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Silver Oak Securities Incorporated raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 125.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 172,146 shares of the company’s stock after purchasing an additional 95,660 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for 2.3% of Silver Oak Securities Incorporated’s portfolio, making the stock its 3rd largest position. Silver Oak Securities Incorporated owned approximately 0.14% of iShares 0-5 Year TIPS Bond ETF worth $16,972,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in STIP. SVB Wealth LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 49.4% in the 4th quarter. SVB Wealth LLC now owns 20,238 shares of the company’s stock worth $1,995,000 after purchasing an additional 6,690 shares in the last quarter. Gilliland Jeter Wealth Management LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth approximately $1,803,000. Kwmg LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.3% during the fourth quarter. Kwmg LLC now owns 134,534 shares of the company’s stock valued at $13,264,000 after buying an additional 3,053 shares during the last quarter. Flputnam Investment Management Co. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% during the fourth quarter. Flputnam Investment Management Co. now owns 366,663 shares of the company’s stock valued at $36,149,000 after acquiring an additional 20,396 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 114.3% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 4,831 shares of the company’s stock worth $476,000 after acquiring an additional 2,577 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP stock traded up $0.03 during midday trading on Friday, hitting $99.20. The company’s stock had a trading volume of 279,121 shares, compared to its average volume of 537,963. The firm’s 50-day moving average is $99.13 and its 200-day moving average is $98.39. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.27 and a 12 month high of $99.52.

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.