Keel Point LLC Invests $409,000 in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Keel Point LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,147 shares of the company’s stock, valued at approximately $409,000.

Several other large investors have also made changes to their positions in the business. Jane Street Group LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 191.8% during the fourth quarter. Jane Street Group LLC now owns 6,548,745 shares of the company’s stock worth $634,966,000 after purchasing an additional 4,304,421 shares in the last quarter. BlackRock Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 207.9% during the first quarter. BlackRock Inc. now owns 2,293,877 shares of the company’s stock worth $240,720,000 after purchasing an additional 1,548,838 shares in the last quarter. Financial Gravity Asset Management Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 2,326.3% during the third quarter. Financial Gravity Asset Management Inc. now owns 1,677,104 shares of the company’s stock worth $180,182,000 after purchasing an additional 1,607,982 shares in the last quarter. Ritholtz Wealth Management grew its holdings in iShares 0-5 Year TIPS Bond ETF by 11.0% in the 4th quarter. Ritholtz Wealth Management now owns 1,259,063 shares of the company’s stock valued at $124,131,000 after buying an additional 124,715 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in iShares 0-5 Year TIPS Bond ETF by 8.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,178,601 shares of the company’s stock valued at $114,230,000 after buying an additional 95,493 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $99.22 on Tuesday. The business has a fifty day moving average of $99.01 and a two-hundred day moving average of $98.22. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $96.27 and a 52-week high of $99.52.

About iShares 0-5 Year TIPS Bond ETF

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.