Ridgewood Investments LLC Has $82,000 Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Ridgewood Investments LLC increased its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 33.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 818 shares of the company’s stock after purchasing an additional 203 shares during the period. Ridgewood Investments LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $82,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in STIP. Modera Wealth Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 5.9% during the 3rd quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock worth $183,551,000 after buying an additional 101,437 shares in the last quarter. Ritholtz Wealth Management lifted its position in iShares 0-5 Year TIPS Bond ETF by 5.9% during the 3rd quarter. Ritholtz Wealth Management now owns 1,512,948 shares of the company’s stock worth $153,292,000 after buying an additional 84,443 shares in the last quarter. LPL Financial LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 16.0% during the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after buying an additional 201,769 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 6.2% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 807,384 shares of the company’s stock worth $80,327,000 after buying an additional 47,113 shares in the last quarter. Finally, Destination Wealth Management lifted its position in iShares 0-5 Year TIPS Bond ETF by 3.2% during the 3rd quarter. Destination Wealth Management now owns 710,445 shares of the company’s stock worth $71,982,000 after buying an additional 22,251 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $100.63 on Friday. The company’s 50-day moving average price is $100.71 and its two-hundred day moving average price is $100.44. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.36 and a one year 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.