Seneca Financial Advisors LLC Increases Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Seneca Financial Advisors LLC increased its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 16.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 234,385 shares of the company’s stock after purchasing an additional 33,898 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up approximately 7.3% of Seneca Financial Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Seneca Financial Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $23,999,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of STIP. Bank of America Corp DE raised its holdings in iShares 0-5 Year TIPS Bond ETF by 71.1% in the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after purchasing an additional 671,145 shares during the period. Amplius Wealth Advisors LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 17,600.5% in the 3rd quarter. Amplius Wealth Advisors LLC now owns 469,418 shares of the company’s stock worth $48,519,000 after purchasing an additional 466,766 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 155.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock worth $51,995,000 after purchasing an additional 305,961 shares during the period. Farther Finance Advisors LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 66.1% in the 4th quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock worth $75,618,000 after purchasing an additional 293,986 shares during the period. Finally, Miracle Mile Advisors LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 6,120.7% in the 3rd quarter. Miracle Mile Advisors LLC now owns 294,301 shares of the company’s stock worth $30,419,000 after purchasing an additional 289,570 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1%

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $103.71 on Friday. iShares 0-5 Year TIPS Bond ETF has a one year low of $101.98 and a one year high of $103.93. The stock’s fifty day moving average is $103.27 and its 200 day 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.