iShares 0-5 Year TIPS Bond ETF $STIP Shares Acquired by Straight Path Wealth Management

Straight Path Wealth Management boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 11.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 57,504 shares of the company’s stock after buying an additional 5,679 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for 1.4% of Straight Path Wealth Management’s investment portfolio, making the stock its 15th largest position. Straight Path Wealth Management’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $5,944,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Belpointe Asset Management LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 19.9% in the third quarter. Belpointe Asset Management LLC now owns 17,376 shares of the company’s stock valued at $1,796,000 after acquiring an additional 2,883 shares in the last quarter. First Command Advisory Services Inc. raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 17.5% in the 3rd quarter. First Command Advisory Services Inc. now owns 2,728 shares of the company’s stock valued at $282,000 after purchasing an additional 406 shares in the last quarter. Fortis Capital Advisors LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $250,000. CFS Investment Advisory Services LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.2% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 56,719 shares of the company’s stock worth $5,871,000 after purchasing an additional 1,197 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.3% during the third quarter. B. Riley Wealth Advisors Inc. now owns 63,606 shares of the company’s stock worth $6,574,000 after purchasing an additional 2,598 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA:STIP opened at $102.57 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.09 and a 12 month high of $103.93. The business’s fifty day moving average price is $102.60 and its 200 day moving average price is $103.00.

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.