Prasad Wealth Partners LLC Has $12.42 Million Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Prasad Wealth Partners LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 17.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 120,145 shares of the company’s stock after buying an additional 18,014 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up 3.5% of Prasad Wealth Partners LLC’s holdings, making the stock its 7th largest holding. Prasad Wealth Partners LLC owned about 0.09% of iShares 0-5 Year TIPS Bond ETF worth $12,418,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Clear Creek Financial Management LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 247.6% during the 2nd quarter. Clear Creek Financial Management LLC now owns 17,488 shares of the company’s stock worth $1,800,000 after acquiring an additional 12,457 shares in the last quarter. Austin Asset Management Co Inc lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.6% in the 2nd quarter. Austin Asset Management Co Inc now owns 276,603 shares of the company’s stock worth $28,465,000 after purchasing an additional 4,348 shares during the period. US Bancorp DE boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1,211.1% during the second quarter. US Bancorp DE now owns 36,043 shares of the company’s stock valued at $3,709,000 after purchasing an additional 33,294 shares in the last quarter. Edge Financial Advisors LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $291,000. Finally, Blair William & Co. IL increased its holdings in iShares 0-5 Year TIPS Bond ETF by 2.0% during the second quarter. Blair William & Co. IL now owns 67,358 shares of the company’s stock valued at $6,932,000 after buying an additional 1,313 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $102.85 on Friday. The firm has a 50 day moving average of $102.57 and a 200 day moving average of $103.00. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.47 and a 52 week high of $103.93.

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.