BIP Wealth LLC Buys 15,822 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

BIP Wealth LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 18.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 103,874 shares of the company’s stock after purchasing an additional 15,822 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up approximately 0.7% of BIP Wealth LLC’s investment portfolio, making the stock its 20th largest holding. BIP Wealth LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $10,526,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Prism Advisors Inc. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.6% in the 3rd quarter. Prism Advisors Inc. now owns 3,231 shares of the company’s stock valued at $327,000 after purchasing an additional 111 shares during the last quarter. CGN Advisors LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 4.1% in the second quarter. CGN Advisors LLC now owns 2,977 shares of the company’s stock valued at $296,000 after buying an additional 116 shares during the period. TSA Wealth Managment LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 1.9% during the second quarter. TSA Wealth Managment LLC now owns 6,505 shares of the company’s stock valued at $647,000 after acquiring an additional 121 shares during the last quarter. Acorn Financial Advisory Services Inc. ADV grew its holdings in iShares 0-5 Year TIPS Bond ETF by 1.8% during the 2nd quarter. Acorn Financial Advisory Services Inc. ADV now owns 6,951 shares of the company’s stock worth $692,000 after acquiring an additional 124 shares during the period. Finally, H&H Retirement Design & Management INC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.9% in the 2nd quarter. H&H Retirement Design & Management INC now owns 15,555 shares of the company’s stock worth $1,546,000 after acquiring an additional 137 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $100.74 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $97.28 and a 1 year high of $101.52. The business’s 50-day moving average is $100.94 and its 200-day moving average is $100.05.

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.