Managed Account Services Inc. Boosts Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Managed Account Services Inc. lifted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,738 shares of the company’s stock after buying an additional 618 shares during the quarter. Managed Account Services Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,567,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of STIP. Brandywine Oak Private Wealth LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth $47,409,000. Altfest L J & Co. Inc. grew its stake in iShares 0-5 Year TIPS Bond ETF by 0.8% during the 2nd quarter. Altfest L J & Co. Inc. now owns 394,661 shares of the company’s stock worth $41,956,000 after purchasing an additional 3,011 shares in the last quarter. MV Capital Management Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth $38,649,000. Envestnet Asset Management Inc. grew its stake in iShares 0-5 Year TIPS Bond ETF by 52.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 353,461 shares of the company’s stock worth $37,576,000 after purchasing an additional 121,242 shares in the last quarter. Finally, Estate Counselors LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 22.8% during the 2nd quarter. Estate Counselors LLC now owns 318,510 shares of the company’s stock worth $33,860,000 after purchasing an additional 59,095 shares in the last quarter.

STIP traded up $0.06 on Wednesday, hitting $105.93. 6,986 shares of the company were exchanged, compared to its average volume of 522,270. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $103.02 and a twelve month high of $107.15. The firm has a 50-day moving average price of $106.21 and a two-hundred day moving average price of $106.09.

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

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