IHT Wealth Management LLC Acquires 7,048 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

IHT Wealth Management LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 79.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,932 shares of the company’s stock after buying an additional 7,048 shares during the quarter. IHT Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,615,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Modera Wealth Management LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% during the third quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock valued at $183,551,000 after purchasing an additional 101,437 shares in the last quarter. Ritholtz Wealth Management increased its position in iShares 0-5 Year TIPS Bond ETF by 5.9% during the 3rd quarter. Ritholtz Wealth Management now owns 1,512,948 shares of the company’s stock valued at $153,292,000 after buying an additional 84,443 shares in the last quarter. LPL Financial LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 16.0% during the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after buying an additional 201,769 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 6.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 807,384 shares of the company’s stock worth $80,327,000 after acquiring an additional 47,113 shares in the last quarter. Finally, Destination Wealth Management grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% in the second quarter. Destination Wealth Management now owns 688,194 shares of the company’s stock worth $68,468,000 after acquiring an additional 12,497 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $100.96 on Friday. The business has a fifty day moving average price of $100.87 and a 200-day moving average price of $100.19. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $97.42 and a 1-year high of $101.52.

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.