Wolff Financial Management LLC Acquires New Position in iShares 0-5 Year TIPS Bond ETF $STIP

Wolff Financial Management LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 89,073 shares of the company’s stock, valued at approximately $8,881,000. iShares 0-5 Year TIPS Bond ETF accounts for 1.8% of Wolff Financial Management LLC’s investment portfolio, making the stock its 14th largest position. Wolff Financial Management LLC owned about 0.05% of iShares 0-5 Year TIPS Bond ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its position 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 worth $203,899,000 after purchasing an additional 870,609 shares during the period. Adventist Health System Sunbelt Healthcare Corp boosted its stake in iShares 0-5 Year TIPS Bond ETF by 113.7% during the first 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 in the last quarter. Rockland Trust Co. acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter worth $25,993,000. Capital Advantage Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at $26,438,000. Finally, NewEdge Advisors LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 64.8% in the 2nd quarter. NewEdge Advisors LLC now owns 470,685 shares of the company’s stock valued at $48,085,000 after buying an additional 185,013 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $100.90 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $99.56 and a 52-week high of $104.16. The firm has a fifty day moving average of $100.40 and a 200-day moving average of $101.70.

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.