Orion Portfolio Solutions LLC Grows Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Orion Portfolio Solutions LLC increased its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 183,334 shares of the company’s stock after acquiring an additional 11,003 shares during the period. Orion Portfolio Solutions LLC owned approximately 0.23% of iShares 0-5 Year TIPS Bond ETF worth $18,575,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Modera Wealth Management LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 5.9% in the third quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock worth $183,551,000 after purchasing an additional 101,437 shares during the last quarter. Ritholtz Wealth Management raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% during the third quarter. Ritholtz Wealth Management now owns 1,512,948 shares of the company’s stock valued at $153,292,000 after acquiring an additional 84,443 shares in the last quarter. LPL Financial LLC raised its stake in shares of 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 acquiring an additional 201,769 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 6.2% during the second quarter. Wealthcare Advisory Partners LLC now owns 807,384 shares of the company’s stock valued at $80,327,000 after acquiring an additional 47,113 shares in the last quarter. Finally, Destination Wealth Management raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% during the second quarter. Destination Wealth Management now owns 688,194 shares of the company’s stock valued at $68,468,000 after acquiring an additional 12,497 shares in the last quarter.

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

iShares 0-5 Year TIPS Bond ETF stock opened at $101.04 on Friday. The company has a 50 day moving average price of $100.87 and a 200-day moving average price of $100.20. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $97.42 and a fifty-two week 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.