Cascade Financial Partners LLC Purchases 6,351 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Cascade Financial Partners LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 8.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 77,864 shares of the company’s stock after buying an additional 6,351 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up about 0.9% of Cascade Financial Partners LLC’s portfolio, making the stock its 22nd biggest holding. Cascade Financial Partners LLC owned about 0.06% of iShares 0-5 Year TIPS Bond ETF worth $8,048,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Kings Path Partners LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 14.4% during the 2nd quarter. Kings Path Partners LLC now owns 872 shares of the company’s stock worth $90,000 after acquiring an additional 110 shares in the last quarter. Avant Financial Advisors LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 2.3% in the second quarter. Avant Financial Advisors LLC now owns 5,244 shares of the company’s stock worth $540,000 after purchasing an additional 119 shares during the last quarter. Successful Portfolios LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 0.8% in the second quarter. Successful Portfolios LLC now owns 15,244 shares of the company’s stock worth $1,569,000 after purchasing an additional 121 shares during the last quarter. BCU Wealth Advisors LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 4.8% during the third quarter. BCU Wealth Advisors LLC now owns 2,707 shares of the company’s stock valued at $280,000 after purchasing an additional 123 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 39.3% during the second quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock valued at $45,000 after purchasing an additional 123 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $102.39 on Friday. The firm has a fifty day simple moving average of $102.78 and a two-hundred day simple moving average of $103.00. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $100.55 and a 52 week high of $103.93.

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.