Cascade Financial Partners LLC Has $11.62 Million Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Cascade Financial Partners LLC grew its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 45.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 113,452 shares of the company’s stock after purchasing an additional 35,588 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises about 1.1% of Cascade Financial Partners LLC’s portfolio, making the stock its 18th largest position. Cascade Financial Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $11,616,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in STIP. Bank of America Corp DE raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 71.1% in the second quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after purchasing an additional 671,145 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 155.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock worth $51,995,000 after purchasing an additional 305,961 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 66.1% in the fourth quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock worth $75,618,000 after purchasing an additional 293,986 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 34.8% in the second quarter. Ameriprise Financial Inc. now owns 789,010 shares of the company’s stock worth $81,254,000 after purchasing an additional 203,509 shares in the last quarter. Finally, MML Investors Services LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 131.3% during the second quarter. MML Investors Services LLC now owns 272,321 shares of the company’s stock valued at $28,025,000 after acquiring an additional 154,608 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $103.56 on Monday. The company has a 50 day moving average of $103.52 and a 200 day moving average of $103.03. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.98 and a 12 month high of $104.16.

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.