Integrated Wealth Concepts LLC Boosts Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Integrated Wealth Concepts LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.2% during the second quarter, HoldingsChannel reports. The firm owned 218,961 shares of the company’s stock after purchasing an additional 6,749 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $22,369,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Buttonwood Financial Group LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 1.8% during the 2nd quarter. Buttonwood Financial Group LLC now owns 6,001 shares of the company’s stock valued at $613,000 after purchasing an additional 108 shares in the last quarter. Parallel Advisors LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock worth $84,000 after buying an additional 112 shares in the last quarter. United Asset Strategies Inc. lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 1.8% in the 1st quarter. United Asset Strategies Inc. now owns 6,594 shares of the company’s stock worth $682,000 after buying an additional 119 shares in the last quarter. Breakwater Capital Group lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 0.4% in the 1st quarter. Breakwater Capital Group now owns 28,642 shares of the company’s stock worth $2,962,000 after buying an additional 120 shares in the last quarter. Finally, Running Point Capital Advisors LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 36.9% in the 4th quarter. Running Point Capital Advisors LLC now owns 449 shares of the company’s stock valued at $46,000 after buying an additional 121 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $100.79 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $100.53 and a 1-year high of $104.16. The business has a 50-day moving average of $101.01 and a 200-day moving average of $102.39.

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.