WealthPLAN Partners LLC Makes New $572,000 Investment in iShares 0-5 Year TIPS Bond ETF $STIP

WealthPLAN Partners LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,587 shares of the company’s stock, valued at approximately $572,000.

Several other large investors have also recently bought and sold shares of STIP. Bank of America Corp DE lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 71.1% during the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after buying an additional 671,145 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 155.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock worth $51,995,000 after buying an additional 305,961 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 66.1% during the 4th quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock worth $75,618,000 after buying an additional 293,986 shares in the last quarter. SoundView Advisors Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth $21,528,000. Finally, Ameriprise Financial Inc. lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 34.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 789,010 shares of the company’s stock worth $81,254,000 after buying an additional 203,509 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1%

NYSEARCA:STIP opened at $102.40 on Friday. The stock’s fifty day moving average price is $103.38 and its two-hundred day moving average price is $103.03. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $102.12 and a 52-week 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.