Wedmont Private Capital Buys Shares of 6,465 iShares 0-5 Year TIPS Bond ETF $STIP

Wedmont Private Capital bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,465 shares of the company’s stock, valued at approximately $663,000.

Several other large investors also recently modified their holdings of the stock. Meridian Wealth Management LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.2% in the third quarter. Meridian Wealth Management LLC now owns 4,602 shares of the company’s stock valued at $476,000 after buying an additional 101 shares during the period. Blue Edge Capital LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.4% during the 3rd quarter. Blue Edge Capital LLC now owns 4,798 shares of the company’s stock worth $496,000 after acquiring an additional 112 shares during the period. Parallel Advisors LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock worth $84,000 after acquiring an additional 112 shares during the last quarter. Gilliland Jeter Wealth Management LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 1.1% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 10,210 shares of the company’s stock worth $1,055,000 after acquiring an additional 115 shares during the last quarter. Finally, Prospera Financial Services Inc raised its stake in iShares 0-5 Year TIPS Bond ETF by 1.3% in the 3rd quarter. Prospera Financial Services Inc now owns 9,527 shares of the company’s stock valued at $985,000 after acquiring an additional 120 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.2%

NYSEARCA STIP opened at $103.13 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.67 and a 52 week high of $103.93. The firm’s 50-day simple moving average is $102.99 and its two-hundred day simple moving average is $102.99.

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.