Private Advisor Group LLC Raises Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Private Advisor Group LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 46.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 72,300 shares of the company’s stock after purchasing an additional 22,795 shares during the quarter. Private Advisor Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $7,128,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of STIP. Norden Group LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $218,149,000. Financial Gravity Asset Management Inc. increased its stake in iShares 0-5 Year TIPS Bond ETF by 2,326.3% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,677,104 shares of the company’s stock valued at $180,182,000 after buying an additional 1,607,982 shares during the period. Ritholtz Wealth Management raised its position in iShares 0-5 Year TIPS Bond ETF by 11.0% during the 4th quarter. Ritholtz Wealth Management now owns 1,259,063 shares of the company’s stock worth $124,131,000 after buying an additional 124,715 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 8.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,178,601 shares of the company’s stock worth $114,230,000 after acquiring an additional 95,493 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 3.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 693,368 shares of the company’s stock valued at $68,359,000 after acquiring an additional 20,963 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0 %

NYSEARCA STIP traded down $0.02 during trading hours on Wednesday, hitting $98.99. 36,678 shares of the stock were exchanged, compared to its average volume of 519,168. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $96.27 and a 12-month high of $99.52. The stock has a 50-day moving average of $99.20 and a 200 day moving average of $98.49.

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.