121,880 Shares in iShares 0-5 Year TIPS Bond ETF $STIP Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 3rd quarter, Holdings Channel.com reports. The fund bought 121,880 shares of the company’s stock, valued at approximately $12,151,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Syon Capital LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 39.5% in the 2nd quarter. Syon Capital LLC now owns 315,195 shares of the company’s stock valued at $32,200,000 after buying an additional 89,231 shares during the period. Capital Analysts LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 235.7% during the 2nd quarter. Capital Analysts LLC now owns 10,309 shares of the company’s stock worth $1,053,000 after acquiring an additional 7,238 shares in the last quarter. Advisory Solutions Group LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth about $972,000. Boltwood Capital Management boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 185.4% during the 3rd quarter. Boltwood Capital Management now owns 94,575 shares of the company’s stock valued at $9,429,000 after acquiring an additional 61,435 shares during the period. Finally, Focus Financial Network Inc. boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 39.9% during the 2nd quarter. Focus Financial Network Inc. now owns 17,799 shares of the company’s stock valued at $1,818,000 after acquiring an additional 5,080 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $100.03 on Thursday. The business has a 50-day moving average of $100.33 and a 200 day moving average of $101.96. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $99.56 and a 12 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.