iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Stock Holdings Boosted by Portside Wealth Group LLC

Portside Wealth Group LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.6% in the first quarter, HoldingsChannel.com reports. The firm owned 35,183 shares of the company’s stock after buying an additional 2,188 shares during the period. Portside Wealth Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,640,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in STIP. Brooklyn FI LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 6,349.4% during the 4th quarter. Brooklyn FI LLC now owns 1,215,009 shares of the company’s stock valued at $122,469,000 after purchasing an additional 1,196,170 shares in the last quarter. 3EDGE Asset Management LP lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 156.7% during the 4th quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock valued at $126,905,000 after acquiring an additional 770,017 shares during the last quarter. Assetmark Inc. lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 459,144.4% during the 4th quarter. Assetmark Inc. now owns 578,648 shares of the company’s stock valued at $58,212,000 after acquiring an additional 578,522 shares during the last quarter. Dynasty Wealth Management LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $44,239,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $40,443,000.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.2%

Shares of NYSEARCA:STIP opened at $102.02 on Monday. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.84 and a one year high of $103.61. The stock has a fifty day moving average of $102.63 and a 200-day moving average of $101.91.

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.