iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) is Park Edge Advisors LLC’s 2nd Largest Position

Park Edge Advisors LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 8.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 114,916 shares of the company’s stock after buying an additional 9,284 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up 3.3% of Park Edge Advisors LLC’s portfolio, making the stock its 2nd largest holding. Park Edge Advisors LLC owned approximately 0.14% of iShares 0-5 Year TIPS Bond ETF worth $11,643,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in STIP. Larson Financial Group LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5,300.0% in the 2nd quarter. Larson Financial Group LLC now owns 270 shares of the company’s stock worth $27,000 after acquiring an additional 265 shares during the last quarter. IAG Wealth Partners LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth about $30,000. Ridgewood Investments LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth about $34,000. Palisade Asset Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 1st quarter worth about $35,000. Finally, Gleason Group Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth about $46,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock traded down $0.06 during trading on Friday, hitting $100.73. The stock had a trading volume of 225,458 shares, compared to its average volume of 456,062. The firm’s fifty day simple moving average is $100.84 and its 200-day simple moving average is $99.87. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.74 and a 12 month high of $101.52.

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.