21,883 Shares in iShares 0-5 Year TIPS Bond ETF $STIP Bought by Approach Retirement Advisors LLC

Approach Retirement Advisors LLC bought a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 21,883 shares of the company’s stock, valued at approximately $2,241,000. iShares 0-5 Year TIPS Bond ETF accounts for about 1.9% of Approach Retirement Advisors LLC’s investment portfolio, making the stock its 11th biggest holding.

A number of other institutional investors also recently bought and sold shares of STIP. EverSource Wealth Advisors LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 39.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock worth $45,000 after purchasing an additional 123 shares during the period. State Street Corp raised its holdings in iShares 0-5 Year TIPS Bond ETF by 0.5% in the 2nd quarter. State Street Corp now owns 641,945 shares of the company’s stock worth $66,063,000 after purchasing an additional 3,063 shares during the period. Vivaldi Capital Management LP bought a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth $285,000. Diversify Advisory Services LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 14.6% in the 2nd quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock worth $669,000 after purchasing an additional 830 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 24.8% during the second quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock valued at $62,760,000 after acquiring an additional 121,311 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA:STIP opened at $104.05 on Friday. The business’s 50-day simple moving average is $103.35 and its two-hundred day simple moving average is $103.01. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.98 and a 52 week high of $104.08.

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.