Ascent Group LLC Acquires 93,489 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Ascent Group LLC lifted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1,592.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,361 shares of the company’s stock after buying an additional 93,489 shares during the quarter. Ascent Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $10,225,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ridgewood Investments LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 88.5% during the first quarter. Ridgewood Investments LLC now owns 1,542 shares of the company’s stock worth $160,000 after purchasing an additional 724 shares during the period. Lutz Financial Services LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 10.0% during the first quarter. Lutz Financial Services LLC now owns 65,429 shares of the company’s stock worth $6,770,000 after purchasing an additional 5,943 shares during the period. J.W. Cole Advisors Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF by 35.9% during the first quarter. J.W. Cole Advisors Inc. now owns 11,508 shares of the company’s stock worth $1,191,000 after purchasing an additional 3,043 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 6.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 226,878 shares of the company’s stock worth $23,475,000 after purchasing an additional 12,766 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 5.6% during the first quarter. Janney Montgomery Scott LLC now owns 6,217 shares of the company’s stock worth $643,000 after purchasing an additional 331 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.0%

STIP stock opened at $103.15 on Friday. The company has a fifty day moving average price of $103.31 and a two-hundred day moving average price of $102.88. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.13 and a one year high of $103.93.

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.