iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Purchased by Tower Wealth Partners Inc.

Tower Wealth Partners Inc. raised its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,924 shares of the company’s stock after buying an additional 903 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up about 2.4% of Tower Wealth Partners Inc.’s holdings, making the stock its 11th biggest holding. Tower Wealth Partners Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,671,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Clear Investment Research LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 1.6% during the 4th quarter. Clear Investment Research LLC now owns 7,436 shares of the company’s stock worth $733,000 after acquiring an additional 119 shares in the last quarter. Brookstone Capital Management grew its stake in iShares 0-5 Year TIPS Bond ETF by 3.8% in the first quarter. Brookstone Capital Management now owns 3,469 shares of the company’s stock worth $345,000 after purchasing an additional 127 shares in the last quarter. AdvisorNet Financial Inc increased its holdings in iShares 0-5 Year TIPS Bond ETF by 18.2% in the fourth quarter. AdvisorNet Financial Inc now owns 843 shares of the company’s stock valued at $83,000 after buying an additional 130 shares during the last quarter. Beaird Harris Wealth Management LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 6.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 2,586 shares of the company’s stock valued at $251,000 after buying an additional 156 shares in the last quarter. Finally, ORG Partners LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 7.8% during the 4th quarter. ORG Partners LLC now owns 2,694 shares of the company’s stock worth $266,000 after buying an additional 194 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1 %

Shares of NYSEARCA STIP opened at $99.05 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $96.27 and a twelve month high of $99.57. The business has a 50 day simple moving average of $99.19 and a 200-day simple moving average of $98.99.

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.