iShares 0-5 Year TIPS Bond ETF $STIP Shares Bought by Modera Wealth Management LLC

Modera Wealth Management LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,279,268 shares of the company’s stock after acquiring an additional 142,348 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises 2.7% of Modera Wealth Management LLC’s portfolio, making the stock its 6th largest holding. Modera Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $233,374,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. DMC Group LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 6.7% during the fourth quarter. DMC Group LLC now owns 25,210 shares of the company’s stock worth $2,581,000 after acquiring an additional 1,583 shares during the last quarter. Portside Wealth Group LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 7.6% during the fourth quarter. Portside Wealth Group LLC now owns 41,594 shares of the company’s stock worth $4,259,000 after acquiring an additional 2,921 shares during the last quarter. Rathbones Group PLC raised its position in iShares 0-5 Year TIPS Bond ETF by 70.3% during the fourth quarter. Rathbones Group PLC now owns 14,875 shares of the company’s stock worth $1,523,000 after acquiring an additional 6,140 shares during the last quarter. AJ Advisors LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 8.0% during the fourth quarter. AJ Advisors LLC now owns 141,995 shares of the company’s stock worth $14,539,000 after acquiring an additional 10,489 shares during the last quarter. Finally, Sowell Financial Services LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 1.4% during the fourth quarter. Sowell Financial Services LLC now owns 15,159 shares of the company’s stock worth $1,552,000 after acquiring an additional 204 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $103.33 on Tuesday. The company has a 50-day moving average of $103.13 and a two-hundred day moving average of $102.97. 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 Company 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.