iShares 0-5 Year TIPS Bond ETF $STIP Shares Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management boosted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,644,952 shares of the company’s stock after purchasing an additional 122,340 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for about 3.7% of Ritholtz Wealth Management’s portfolio, making the stock its 3rd largest holding. Ritholtz Wealth Management owned approximately 1.58% of iShares 0-5 Year TIPS Bond ETF worth $263,702,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of STIP. Jacobi Capital Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $26,000. Moneco Advisors LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 28.8% during the third quarter. Moneco Advisors LLC now owns 3,945 shares of the company’s stock worth $393,000 after buying an additional 883 shares in the last quarter. Woodley Farra Manion Portfolio Management Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter worth approximately $591,000. Altiora Financial Group LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 1.2% during the third quarter. Altiora Financial Group LLC now owns 52,432 shares of the company’s stock worth $5,227,000 after buying an additional 616 shares in the last quarter. Finally, Kestra Investment Management LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 5.5% during the 3rd quarter. Kestra Investment Management LLC now owns 661,499 shares of the company’s stock worth $65,951,000 after acquiring an additional 34,335 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $100.03 on Thursday. The stock’s fifty day moving average price is $100.33 and its two-hundred day moving average price is $101.96. iShares 0-5 Year TIPS Bond ETF has a one year low of $99.56 and a one year 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.