2,683,308 Shares of iShares 0-5 Year TIPS Bond ETF $STIP Bought by Modera Wealth Management LLC

Modera Wealth Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,683,308 shares of the company’s stock, valued at approximately $267,526,000. iShares 0-5 Year TIPS Bond ETF makes up 2.8% of Modera Wealth Management LLC’s holdings, making the stock its 7th largest position. Modera Wealth Management LLC owned about 1.62% of iShares 0-5 Year TIPS Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Raleigh Capital Management Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF by 257.1% in the 3rd quarter. Raleigh Capital Management Inc. now owns 250 shares of the company’s stock valued at $25,000 after buying an additional 180 shares during the last quarter. Parcion Private Wealth LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.6% in the 3rd quarter. Parcion Private Wealth LLC now owns 211,614 shares of the company’s stock valued at $21,098,000 after buying an additional 3,371 shares during the period. Soltis Investment Advisors LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.8% in the 3rd quarter. Soltis Investment Advisors LLC now owns 28,780 shares of the company’s stock valued at $2,869,000 after buying an additional 1,326 shares during the period. Founders Financial Securities LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth $328,000. Finally, D.A. Davidson & CO. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth $205,000.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.2%

Shares of STIP opened at $101.20 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $99.56 and a 12-month high of $104.16. The stock’s fifty day simple moving average is $100.41 and its 200-day simple moving average is $102.05.

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.