Discipline Wealth Solutions LLC Buys New Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Discipline Wealth Solutions LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 89,042 shares of the company’s stock, valued at approximately $9,203,000. iShares 0-5 Year TIPS Bond ETF comprises 2.4% of Discipline Wealth Solutions LLC’s portfolio, making the stock its 10th biggest position. Discipline Wealth Solutions LLC owned about 0.07% of iShares 0-5 Year TIPS Bond ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of STIP. Comerica Bank raised its position in iShares 0-5 Year TIPS Bond ETF by 19.6% in the 1st quarter. Comerica Bank now owns 8,347 shares of the company’s stock worth $864,000 after purchasing an additional 1,368 shares during the period. Baird Financial Group Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF by 7.7% during the 1st quarter. Baird Financial Group Inc. now owns 61,593 shares of the company’s stock valued at $6,373,000 after acquiring an additional 4,394 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 21.9% in the 1st quarter. Royal Bank of Canada now owns 223,220 shares of the company’s stock valued at $23,097,000 after buying an additional 40,052 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 14.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 337,481 shares of the company’s stock valued at $34,919,000 after buying an additional 42,217 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 143.2% in the first quarter. NewEdge Advisors LLC now owns 100,698 shares of the company’s stock worth $10,419,000 after buying an additional 59,300 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $102.39 on Friday. The firm has a fifty day moving average price of $102.78 and a 200 day moving average price of $103.00. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.55 and a 1 year 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.