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

LPL Financial LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,538,970 shares of the company’s stock after purchasing an additional 75,531 shares during the period. LPL Financial LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $154,820,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of STIP. CreativeOne Wealth LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 16.2% during the third quarter. CreativeOne Wealth LLC now owns 30,443 shares of the company’s stock worth $3,084,000 after purchasing an additional 4,234 shares in the last quarter. Edgestream Partners L.P. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $1,051,000. HighTower Advisors LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 14.0% in the 3rd quarter. HighTower Advisors LLC now owns 240,797 shares of the company’s stock valued at $24,392,000 after acquiring an additional 29,579 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 99.6% during the third quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after purchasing an additional 99,455 shares during the period. Finally, IHT Wealth Management LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 79.3% during the third quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock worth $1,615,000 after purchasing an additional 7,048 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $102.79 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.53 and a one year high of $102.97. The firm has a 50 day simple moving average of $101.92 and a 200-day simple moving average of $101.22.

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.