iShares 0-5 Year TIPS Bond ETF $STIP Stock: Stone Summit Wealth LLC Increases Position

Stone Summit Wealth LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 10.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,609 shares of the company’s stock after purchasing an additional 5,088 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up 1.5% of Stone Summit Wealth LLC’s investment portfolio, making the stock its 21st largest holding. Stone Summit Wealth LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $5,345,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Modera Wealth Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 7.2% in the first quarter. Modera Wealth Management LLC now owns 2,442,854 shares of the company’s stock valued at $252,664,000 after buying an additional 163,586 shares in the last quarter. Ritholtz Wealth Management grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.8% in the first quarter. Ritholtz Wealth Management now owns 2,409,803 shares of the company’s stock valued at $249,246,000 after purchasing an additional 153,948 shares during the period. Envestnet Asset Management Inc. grew its holdings in iShares 0-5 Year TIPS Bond ETF by 77.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,995,879 shares of the company’s stock valued at $203,899,000 after purchasing an additional 870,609 shares during the period. Adventist Health System Sunbelt Healthcare Corp increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 113.7% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock worth $161,371,000 after buying an additional 830,200 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 9.4% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,322,733 shares of the company’s stock worth $135,130,000 after buying an additional 113,391 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.1%

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $100.10 on Wednesday. The business’s fifty day moving average price is $100.41 and its 200 day moving average price is $101.84. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $99.56 and a twelve month high of $104.16.

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.