LVW Advisors LLC Buys 26,413 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

LVW Advisors LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.5% in the 4th quarter, Holdings Channel reports. The firm owned 380,738 shares of the company’s stock after purchasing an additional 26,413 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for 4.6% of LVW Advisors LLC’s investment portfolio, making the stock its 4th largest holding. LVW Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $38,302,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Ridgewood Investments LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 33.0% in the 4th quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock valued at $82,000 after purchasing an additional 203 shares in the last quarter. Peterson Financial Group Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth about $177,000. Coldstream Capital Management Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $200,000. CWA Asset Management Group LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $204,000. Finally, W.H. Cornerstone Investments Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at about $205,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $101.15 on Monday. The stock’s 50 day simple moving average is $100.74 and its 200-day simple moving average is $100.53. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.36 and a 1-year high of $101.52.

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.