Cetera Investment Advisers Has $60.62 Million Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

Cetera Investment Advisers lifted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 50.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 589,025 shares of the company’s stock after acquiring an additional 198,439 shares during the quarter. Cetera Investment Advisers owned approximately 0.49% of iShares 0-5 Year TIPS Bond ETF worth $60,617,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Altiora Financial Group LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.0% during the 2nd quarter. Altiora Financial Group LLC now owns 49,364 shares of the company’s stock valued at $5,080,000 after acquiring an additional 991 shares during the last quarter. WealthShield Partners LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 351.6% during the 2nd quarter. WealthShield Partners LLC now owns 11,858 shares of the company’s stock valued at $1,220,000 after purchasing an additional 9,232 shares in the last quarter. Meridian Wealth Management LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 9.6% in the second quarter. Meridian Wealth Management LLC now owns 4,501 shares of the company’s stock valued at $463,000 after buying an additional 394 shares during the period. Security Financial Services INC. bought a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth about $1,049,000. Finally, Foundations Investment Advisors LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 302.9% during the second quarter. Foundations Investment Advisors LLC now owns 60,836 shares of the company’s stock worth $6,261,000 after buying an additional 45,736 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP stock opened at $102.87 on Friday. The company’s fifty day simple moving average is $103.29 and its 200-day simple moving average is $102.95. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $100.13 and a 12 month 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.