Cerity Partners LLC Raises Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Cerity Partners LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.9% in the third quarter, Holdings Channel reports. The institutional investor owned 482,404 shares of the company’s stock after acquiring an additional 13,725 shares during the period. Cerity Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $48,702,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of STIP. Larson Financial Group LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5,300.0% in the 2nd quarter. Larson Financial Group LLC now owns 270 shares of the company’s stock valued at $27,000 after buying an additional 265 shares in the last quarter. IAG Wealth Partners LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at approximately $30,000. Ridgewood Investments LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at approximately $34,000. Gleason Group Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter worth $46,000. Finally, Deane Retirement Strategies Inc. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth $54,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $100.81 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $97.31 and a 1-year high of $101.52. The business has a fifty day moving average price of $100.93 and a 200-day moving average price of $100.09.

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.