LVW Advisors LLC Has $41.82 Million Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

LVW Advisors LLC boosted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 408,434 shares of the company’s stock after purchasing an additional 6,519 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 4.2% of LVW Advisors LLC’s holdings, making the stock its 5th biggest position. LVW Advisors LLC owned approximately 0.33% of iShares 0-5 Year TIPS Bond ETF worth $41,820,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of STIP. J.W. Cole Advisors Inc. increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.1% in the second quarter. J.W. Cole Advisors Inc. now owns 11,640 shares of the company’s stock valued at $1,198,000 after purchasing an additional 132 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth approximately $607,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 44.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 197,084 shares of the company’s stock worth $20,282,000 after buying an additional 61,029 shares during the period. Level Four Advisory Services LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 35.5% in the 2nd quarter. Level Four Advisory Services LLC now owns 4,292 shares of the company’s stock worth $442,000 after buying an additional 1,124 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth approximately $6,365,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP opened at $103.12 on Friday. The stock’s 50 day moving average price is $103.03 and its 200 day moving average price is $102.98. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.67 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.