iShares 0-5 Year TIPS Bond ETF $STIP is Lake Hills Wealth Management LLC’s 5th Largest Position

Lake Hills Wealth Management LLC boosted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 71.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 94,542 shares of the company’s stock after acquiring an additional 39,296 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for approximately 5.1% of Lake Hills Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Lake Hills Wealth Management LLC owned about 0.08% of iShares 0-5 Year TIPS Bond ETF worth $9,680,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Rossmore Private Capital bought a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $26,000. Chapman Financial Group LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at about $26,000. Trust Co. of Vermont bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $32,000. Avalon Trust Co purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $41,000. Finally, Rice Partnership LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $42,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $103.34 on Friday. The business has a 50 day moving average of $102.98 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 Company 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.