BIP Wealth LLC Purchases 6,861 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

BIP Wealth LLC increased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 146,607 shares of the company’s stock after acquiring an additional 6,861 shares during the quarter. BIP Wealth LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $15,011,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Perfromance Wealth Partners LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 1.8% in the 4th quarter. Perfromance Wealth Partners LLC now owns 54,364 shares of the company’s stock worth $5,566,000 after acquiring an additional 981 shares during the period. Snider Financial Group bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth about $2,596,000. Brooklyn FI LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 27.7% during the 4th quarter. Brooklyn FI LLC now owns 34,664 shares of the company’s stock worth $3,549,000 after purchasing an additional 7,529 shares during the period. Ethos Capital Management Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth about $11,128,000. Finally, Modera Wealth Management LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6.7% during the 4th quarter. Modera Wealth Management LLC now owns 2,279,268 shares of the company’s stock worth $233,374,000 after purchasing an additional 142,348 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $103.45 on Wednesday. The firm’s 50-day moving average is $103.15 and its 200-day moving average is $102.97. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.67 and a 52-week high of $103.93.

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.