Lutz Financial Services LLC Has $7.89 Million Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Lutz Financial Services LLC increased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 9.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 76,375 shares of the company’s stock after buying an additional 6,583 shares during the quarter. Lutz Financial Services LLC owned 0.06% of iShares 0-5 Year TIPS Bond ETF worth $7,894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in STIP. Envestnet Asset Management Inc. increased its position in iShares 0-5 Year TIPS Bond ETF by 2.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,319,880 shares of the company’s stock valued at $343,143,000 after acquiring an additional 74,802 shares during the period. Ritholtz Wealth Management increased its holdings in iShares 0-5 Year TIPS Bond ETF by 6.0% in the third quarter. Ritholtz Wealth Management now owns 2,146,439 shares of the company’s stock valued at $221,856,000 after purchasing an additional 121,719 shares during the period. Modera Wealth Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 5.4% during the 3rd quarter. Modera Wealth Management LLC now owns 2,136,920 shares of the company’s stock worth $220,872,000 after purchasing an additional 109,263 shares during the last quarter. Bank of America Corp DE raised its position in iShares 0-5 Year TIPS Bond ETF by 71.1% during the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after purchasing an additional 671,145 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 34.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,543,492 shares of the company’s stock worth $158,841,000 after buying an additional 392,850 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP stock opened at $103.05 on Tuesday. The stock has a 50-day moving average of $102.63 and a 200-day moving average of $103.00. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.67 and a 1-year 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.