Atala Financial Inc Invests $70,000 in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Atala Financial Inc bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the fourth quarter, Holdings Channel.com reports. The fund bought 694 shares of the company’s stock, valued at approximately $70,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Knuff & Co LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $26,000. Pflug Koory LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 534.7% in the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after purchasing an additional 401 shares during the last quarter. Bradley & Co. Private Wealth Management LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $52,000. Providence First Trust Co acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth $75,000. Finally, Ridgewood Investments LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 33.0% during the 4th quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after purchasing an additional 203 shares during the last quarter.

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

Shares of NYSEARCA:STIP opened at $102.46 on Friday. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.53 and a one year high of $102.90. The company has a 50-day simple moving average of $101.64 and a 200-day simple moving average of $101.10.

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.