Axxcess Wealth Management LLC Buys New Shares in iShares 0-5 Year TIPS Bond ETF $STIP

Axxcess Wealth Management LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 30,549 shares of the company’s stock, valued at approximately $3,158,000.

A number of other large investors also recently modified their holdings of STIP. Harbour Investments Inc. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 109.3% during the second quarter. Harbour Investments Inc. now owns 2,646 shares of the company’s stock worth $272,000 after acquiring an additional 1,382 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.6% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 7,389 shares of the company’s stock worth $760,000 after purchasing an additional 254 shares in the last quarter. Stephens Inc. AR boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 29.4% in the 2nd quarter. Stephens Inc. AR now owns 9,583 shares of the company’s stock valued at $986,000 after buying an additional 2,177 shares during the last quarter. Avidian Wealth Enterprises LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 33.8% in the 2nd quarter. Avidian Wealth Enterprises LLC now owns 4,446 shares of the company’s stock valued at $458,000 after buying an additional 1,124 shares during the last quarter. Finally, Brookstone Capital Management grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 10.5% in the second quarter. Brookstone Capital Management now owns 101,207 shares of the company’s stock valued at $10,415,000 after buying an additional 9,613 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $102.90 on Thursday. The firm’s fifty day moving average price is $102.61 and its two-hundred day moving average price is $103.00. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.67 and a 1 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.