Corient Private Wealth LLC Has $13.30 Million Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Corient Private Wealth LLC raised its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 206.0% in the 4th quarter, HoldingsChannel reports. The firm owned 129,854 shares of the company’s stock after acquiring an additional 87,419 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $13,296,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in STIP. Chapman Financial Group LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth about $26,000. IFC & Insurance Marketing Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $27,000. Caldwell Trust Co acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $29,000. Kingdom Financial Group LLC. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $29,000. Finally, Avalon Trust Co acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth approximately $41,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $101.85 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.83 and a 52 week high of $104.16. The stock has a 50 day moving average price of $103.18 and a two-hundred day moving average price of $102.99.

iShares 0-5 Year TIPS Bond ETF 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.