Simplicity Wealth LLC Has $1.25 Million Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

Simplicity Wealth LLC lowered its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 47.7% during the 3rd quarter, Holdings Channel reports. The fund owned 12,121 shares of the company’s stock after selling 11,063 shares during the period. Simplicity Wealth LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,253,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Roundview Capital LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 18.0% in the 2nd quarter. Roundview Capital LLC now owns 18,507 shares of the company’s stock worth $1,905,000 after acquiring an additional 2,819 shares during the last quarter. Copperleaf Capital LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at about $827,000. Carr Financial Group Corp boosted its position in iShares 0-5 Year TIPS Bond ETF by 64.6% during the third quarter. Carr Financial Group Corp now owns 23,947 shares of the company’s stock worth $2,475,000 after purchasing an additional 9,402 shares during the period. Abacus Planning Group Inc. increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 36.1% in the third quarter. Abacus Planning Group Inc. now owns 469,165 shares of the company’s stock worth $48,493,000 after purchasing an additional 124,335 shares in the last quarter. Finally, Austin Asset Management Co Inc raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.1% in the third quarter. Austin Asset Management Co Inc now owns 287,836 shares of the company’s stock valued at $29,751,000 after purchasing an additional 11,233 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $102.54 on Friday. The firm’s 50 day moving average is $102.60 and its 200 day moving average is $102.99. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.09 and a 12 month high of $103.93.

iShares 0-5 Year TIPS Bond ETF Profile

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.