Pacific Capital Wealth Advisors Inc. Takes Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Pacific Capital Wealth Advisors Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 1,374 shares of the company’s stock, valued at approximately $135,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Hudson Portfolio Management LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.6% in the 3rd quarter. Hudson Portfolio Management LLC now owns 22,165 shares of the company’s stock valued at $2,148,000 after acquiring an additional 125 shares during the last quarter. AdvisorNet Financial Inc raised its holdings in iShares 0-5 Year TIPS Bond ETF by 18.2% in the fourth quarter. AdvisorNet Financial Inc now owns 843 shares of the company’s stock worth $83,000 after purchasing an additional 130 shares during the period. Kingsview Wealth Management LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.3% during the third quarter. Kingsview Wealth Management LLC now owns 2,800 shares of the company’s stock worth $271,000 after purchasing an additional 142 shares in the last quarter. Cape Investment Advisory Inc. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.2% during the third quarter. Cape Investment Advisory Inc. now owns 12,284 shares of the company’s stock worth $1,191,000 after purchasing an additional 145 shares in the last quarter. Finally, North Star Investment Management Corp. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 153.0% in the 4th quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock valued at $25,000 after buying an additional 153 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

iShares 0-5 Year TIPS Bond ETF stock traded down $0.01 during mid-day trading on Wednesday, hitting $99.00. 1,634,518 shares of the company’s stock were exchanged, compared to its average volume of 537,443. The company’s 50 day simple moving average is $99.20 and its 200-day simple moving average is $98.49. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $96.27 and a fifty-two week high of $99.52.

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.