Envestnet Asset Management Inc. Acquires 74,802 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Envestnet Asset Management Inc. raised its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,319,880 shares of the company’s stock after purchasing an additional 74,802 shares during the period. Envestnet Asset Management Inc. owned 2.59% of iShares 0-5 Year TIPS Bond ETF worth $343,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Roundview Capital LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 18.0% during the second quarter. Roundview Capital LLC now owns 18,507 shares of the company’s stock valued at $1,905,000 after acquiring an additional 2,819 shares during the last quarter. Copperleaf Capital LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at $827,000. Carr Financial Group Corp lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 64.6% during the 3rd quarter. Carr Financial Group Corp now owns 23,947 shares of the company’s stock valued at $2,475,000 after purchasing an additional 9,402 shares during the last quarter. Abacus Planning Group Inc. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 36.1% in the 3rd quarter. Abacus Planning Group Inc. now owns 469,165 shares of the company’s stock worth $48,493,000 after purchasing an additional 124,335 shares in the last quarter. Finally, Austin Asset Management Co Inc grew its stake in iShares 0-5 Year TIPS Bond ETF by 4.1% during the 3rd quarter. Austin Asset Management Co Inc now owns 287,836 shares of the company’s stock worth $29,751,000 after buying an additional 11,233 shares during the last quarter.

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

Shares of NYSEARCA:STIP opened at $102.76 on Thursday. The business’s 50-day moving average is $102.57 and its 200 day moving average is $103.00. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.47 and a 1 year high of $103.93.

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.