8,703 Shares in iShares 0-5 Year TIPS Bond ETF $STIP Purchased by TCI Wealth Advisors Inc.

TCI Wealth Advisors Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,703 shares of the company’s stock, valued at approximately $891,000.

A number of other hedge funds have also bought and sold shares of the business. Envestnet Asset Management Inc. increased its position in iShares 0-5 Year TIPS Bond ETF by 2.3% during the third quarter. Envestnet Asset Management Inc. now owns 3,319,880 shares of the company’s stock worth $343,143,000 after acquiring an additional 74,802 shares during the period. Modera Wealth Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 6.7% during the fourth quarter. Modera Wealth Management LLC now owns 2,279,268 shares of the company’s stock worth $233,374,000 after acquiring an additional 142,348 shares during the period. Ritholtz Wealth Management increased its position in iShares 0-5 Year TIPS Bond ETF by 5.1% during the fourth quarter. Ritholtz Wealth Management now owns 2,255,855 shares of the company’s stock worth $230,977,000 after acquiring an additional 109,416 shares during the period. Bank of America Corp DE increased its position in iShares 0-5 Year TIPS Bond ETF by 8.7% during the third quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock worth $181,423,000 after acquiring an additional 140,223 shares during the period. Finally, 3EDGE Asset Management LP increased its position in iShares 0-5 Year TIPS Bond ETF by 5.7% during the third quarter. 3EDGE Asset Management LP now owns 1,179,708 shares of the company’s stock worth $121,929,000 after acquiring an additional 63,189 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA:STIP opened at $103.66 on Monday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.98 and a 52 week high of $104.16. The firm’s 50-day simple moving average is $103.44 and its 200 day simple moving average is $103.02.

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.