ShoreHaven Wealth Partners LLC Purchases New Stake in iShares 0-5 Year TIPS Bond ETF $STIP

ShoreHaven Wealth Partners LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,192 shares of the company’s stock, valued at approximately $226,000.

Several other hedge funds have also recently bought and sold shares of STIP. Ritholtz Wealth Management lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 13.9% during the 2nd quarter. Ritholtz Wealth Management now owns 2,024,720 shares of the company’s stock worth $208,364,000 after acquiring an additional 247,269 shares during the period. Modera Wealth Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 3.3% during the first quarter. Modera Wealth Management LLC now owns 1,957,487 shares of the company’s stock valued at $202,541,000 after purchasing an additional 63,214 shares in the last quarter. LPL Financial LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 4.3% during the first quarter. LPL Financial LLC now owns 1,604,696 shares of the company’s stock valued at $166,038,000 after purchasing an additional 65,726 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 9.6% during the second quarter. Wealthcare Advisory Partners LLC now owns 1,023,587 shares of the company’s stock worth $105,337,000 after purchasing an additional 89,905 shares during the last quarter. Finally, Partners Capital Investment Group LLP boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 51.9% in the 1st quarter. Partners Capital Investment Group LLP now owns 994,985 shares of the company’s stock valued at $102,951,000 after purchasing an additional 340,117 shares in the last quarter.

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

Shares of STIP opened at $103.45 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $100.13 and a 52-week high of $103.93. The business’s fifty day moving average is $103.39 and its 200-day moving average is $102.90.

iShares 0-5 Year TIPS Bond ETF Company 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.