iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Purchased by Private Wealth Management Group LLC

Private Wealth Management Group LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,853 shares of the company’s stock after purchasing an additional 192 shares during the quarter. Private Wealth Management Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $891,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock valued at $51,920,000 after buying an additional 6,480 shares in the last quarter. IHT Wealth Management LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 79.3% during the 3rd quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock worth $1,615,000 after purchasing an additional 7,048 shares in the last quarter. First United Bank & Trust grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% during the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after purchasing an additional 308 shares during the period. Lutz Financial Services LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 29.2% during the 3rd quarter. Lutz Financial Services LLC now owns 54,087 shares of the company’s stock worth $5,480,000 after purchasing an additional 12,210 shares during the period. Finally, Evanson Asset Management LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 9.0% in the 3rd quarter. Evanson Asset Management LLC now owns 2,241 shares of the company’s stock valued at $227,000 after purchasing an additional 185 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP stock opened at $101.76 on Thursday. The company’s 50-day moving average price is $100.90 and its 200 day moving average price is $100.70. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.36 and a 52 week high of $101.81.

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.