Bridge Generations Wealth Management LLC Raises Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Bridge Generations Wealth Management LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 345.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,894 shares of the company’s stock after buying an additional 11,554 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises 0.9% of Bridge Generations Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest holding. Bridge Generations Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,525,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of STIP. Chapman Financial Group LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $26,000. Caldwell Trust Co purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $29,000. Kingdom Financial Group LLC. purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $29,000. Avalon Trust Co purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at approximately $41,000. Finally, Torren Management LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $41,000.

iShares 0-5 Year TIPS Bond ETF Stock Down 1.1%

NYSEARCA STIP opened at $102.56 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.98 and a 1-year high of $104.16. The business has a 50 day moving average price of $103.50 and a 200 day moving average price of $103.06.

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.