iShares 0-5 Year TIPS Bond ETF $STIP Stock Position Lifted by AJ Advisors LLC

AJ Advisors LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 8.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 141,995 shares of the company’s stock after acquiring an additional 10,489 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up 5.4% of AJ Advisors LLC’s portfolio, making the stock its 7th biggest holding. AJ Advisors LLC owned 0.11% of iShares 0-5 Year TIPS Bond ETF worth $14,539,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of STIP. Lido Advisors LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 29.0% in the 2nd quarter. Lido Advisors LLC now owns 3,155 shares of the company’s stock worth $325,000 after purchasing an additional 710 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings 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. Baird Financial Group Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 7.3% in the second quarter. Baird Financial Group Inc. now owns 66,073 shares of the company’s stock valued at $6,800,000 after purchasing an additional 4,480 shares during the period. Cresset Asset Management LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.6% in the second quarter. Cresset Asset Management LLC now owns 13,352 shares of the company’s stock valued at $1,374,000 after purchasing an additional 588 shares during the period. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter worth $101,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP stock opened at $103.31 on Monday. The company has a 50-day moving average of $103.12 and a two-hundred day moving average of $102.97. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.67 and a 52-week high of $103.93.

iShares 0-5 Year TIPS Bond ETF 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.