iShares 0-5 Year TIPS Bond ETF $STIP Shares Acquired by BIP Wealth LLC

BIP Wealth LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 154,557 shares of the company’s stock after acquiring an additional 7,950 shares during the period. BIP Wealth LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $15,986,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the stock. Blue Edge Capital LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 2.4% in the 3rd quarter. Blue Edge Capital LLC now owns 4,798 shares of the company’s stock valued at $496,000 after purchasing an additional 112 shares during the last quarter. Parallel Advisors LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 16.0% during the third quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock worth $84,000 after buying an additional 112 shares during the last quarter. BWM Planning LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 2.0% in the fourth quarter. BWM Planning LLC now owns 5,899 shares of the company’s stock valued at $604,000 after buying an additional 118 shares during the period. Breakwater Capital Group raised its stake in iShares 0-5 Year TIPS Bond ETF by 0.4% in the first quarter. Breakwater Capital Group now owns 28,642 shares of the company’s stock valued at $2,962,000 after buying an additional 120 shares during the period. Finally, Running Point Capital Advisors LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 36.9% in the fourth quarter. Running Point Capital Advisors LLC now owns 449 shares of the company’s stock valued at $46,000 after buying an additional 121 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $101.23 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.11 and a 12-month high of $104.16. The business has a 50 day moving average of $102.87 and a 200-day moving average of $102.93.

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.