Sigma Investment Counselors Inc. Grows Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Sigma Investment Counselors Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 360,782 shares of the company’s stock after acquiring an additional 4,255 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up approximately 1.8% of Sigma Investment Counselors Inc.’s holdings, making the stock its 7th biggest holding. Sigma Investment Counselors Inc. owned approximately 0.45% of iShares 0-5 Year TIPS Bond ETF worth $36,554,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Blair William & Co. IL increased its stake in iShares 0-5 Year TIPS Bond ETF by 4.3% during the second quarter. Blair William & Co. IL now owns 64,236 shares of the company’s stock worth $6,391,000 after acquiring an additional 2,668 shares during the last quarter. Northland Capital Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.1% during the 1st quarter. Northland Capital Management LLC now owns 133,615 shares of the company’s stock valued at $13,285,000 after purchasing an additional 1,468 shares during the last quarter. Brookstone Capital Management raised its holdings in iShares 0-5 Year TIPS Bond ETF by 3.8% during the 1st quarter. Brookstone Capital Management now owns 3,469 shares of the company’s stock valued at $345,000 after buying an additional 127 shares during the period. 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 worth $37,263,000 after buying an additional 204,788 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 3.9% during the second quarter. NorthCrest Asset Manangement LLC now owns 57,247 shares of the company’s stock worth $5,695,000 after buying an additional 2,125 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.1 %

STIP stock opened at $100.73 on Friday. The firm’s fifty day simple moving average is $100.84 and its two-hundred day simple moving average is $99.87. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $96.74 and a twelve month 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.