Bank of America Corp DE Raises Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Bank of America Corp DE grew its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPGet Rating) by 65.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,113,331 shares of the company’s stock after purchasing an additional 1,233,784 shares during the period. Bank of America Corp DE owned approximately 2.77% of iShares 0-5 Year TIPS Bond ETF worth $326,713,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 75.8% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,500 shares of the company’s stock valued at $17,997,000 after purchasing an additional 73,970 shares in the last quarter. City State Bank grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 49.7% during the first quarter. City State Bank now owns 66,110 shares of the company’s stock valued at $6,938,000 after purchasing an additional 21,960 shares in the last quarter. WealthTrust Asset Management LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the first quarter valued at about $573,000. Kestra Private Wealth Services LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the first quarter valued at about $3,408,000. Finally, Fortitude Advisory Group L.L.C. grew its position in iShares 0-5 Year TIPS Bond ETF by 22.5% in the first quarter. Fortitude Advisory Group L.L.C. now owns 1,389 shares of the company’s stock worth $146,000 after acquiring an additional 255 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $97.91 on Tuesday. The stock’s 50 day simple moving average is $100.58 and its two-hundred day simple moving average is $102.60. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $97.85 and a 1 year high of $107.10.

Further Reading

Institutional Ownership by Quarter for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

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