Collaborative Wealth Managment Inc. Raises Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Collaborative Wealth Managment Inc. grew its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 105.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 18,409 shares of the company’s stock after buying an additional 9,443 shares during the quarter. Collaborative Wealth Managment Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,903,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its position in iShares 0-5 Year TIPS Bond ETF by 2.3% during the third quarter. Envestnet Asset Management Inc. now owns 3,319,880 shares of the company’s stock valued at $343,143,000 after buying an additional 74,802 shares during the period. Ritholtz Wealth Management boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 6.0% during the 3rd quarter. Ritholtz Wealth Management now owns 2,146,439 shares of the company’s stock worth $221,856,000 after acquiring an additional 121,719 shares in the last quarter. Modera Wealth Management LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.4% during the 3rd quarter. Modera Wealth Management LLC now owns 2,136,920 shares of the company’s stock worth $220,872,000 after acquiring an additional 109,263 shares in the last quarter. Bank of America Corp DE grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 71.1% during the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after acquiring an additional 671,145 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 34.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,543,492 shares of the company’s stock valued at $158,841,000 after purchasing an additional 392,850 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $102.90 on Thursday. The stock has a 50-day moving average of $102.61 and a 200 day moving average of $103.00. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $101.67 and a twelve month high of $103.93.

About iShares 0-5 Year TIPS Bond ETF

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.