Stone Summit Wealth LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 12.8% during the 4th quarter, HoldingsChannel reports. The fund owned 26,920 shares of the company’s stock after acquiring an additional 3,065 shares during the quarter. Stone Summit Wealth LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,708,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the company. LPL Financial LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 16.0% during the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after purchasing an additional 201,769 shares during the period. Victory Capital Management Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 57.1% during the 3rd quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock valued at $37,490,000 after buying an additional 134,440 shares during the period. Modera Wealth Management LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 5.9% in the third quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock valued at $183,551,000 after acquiring an additional 101,437 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 99.6% in the third quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after acquiring an additional 99,455 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 8.2% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 898,882 shares of the company’s stock worth $90,428,000 after acquiring an additional 68,332 shares during the last quarter.
iShares 0-5 Year TIPS Bond ETF Stock Performance
NYSEARCA:STIP opened at $101.56 on Monday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.36 and a 52 week high of $101.81. The stock’s fifty day moving average is $100.92 and its two-hundred day moving average is $100.74.
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.
Further Reading
- Five stocks we like better than iShares 0-5 Year TIPS Bond ETF
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- 3 Volatility ETFs to Help You Profit from Market Chaos
- Using the MarketBeat Dividend Yield Calculator
- Lam Research: Is a NAND Upgrade Cycle the Next Growth Catalyst?
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report).
Receive News & Ratings for iShares 0-5 Year TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 0-5 Year TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
