BIP Wealth LLC Has $15.01 Million Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

BIP Wealth LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 146,607 shares of the company’s stock after purchasing an additional 6,861 shares during the period. BIP Wealth LLC owned 0.12% of iShares 0-5 Year TIPS Bond ETF worth $15,011,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Chapman Financial Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth $26,000. Rossmore Private Capital bought a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth $26,000. Trust Co. of Vermont bought a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth $32,000. Avalon Trust Co bought a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth $41,000. Finally, Rice Partnership LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth $42,000.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1%

Shares of STIP opened at $103.45 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a one year low of $101.67 and a one year high of $103.93. The company’s fifty day moving average price is $103.15 and its 200 day moving average price is $102.97.

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.