Bell Investment Advisors Inc Buys 1,238 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Bell Investment Advisors Inc lifted its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.4% during the fourth quarter, HoldingsChannel reports. The firm owned 20,625 shares of the company’s stock after purchasing an additional 1,238 shares during the period. Bell Investment Advisors Inc’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,075,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Modera Wealth Management LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 4.6% in the fourth quarter. Modera Wealth Management LLC now owns 1,894,273 shares of the company’s stock worth $190,564,000 after purchasing an additional 82,678 shares during the last quarter. Ritholtz Wealth Management grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 3.9% in the fourth quarter. Ritholtz Wealth Management now owns 1,572,147 shares of the company’s stock worth $158,158,000 after purchasing an additional 59,199 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after purchasing an additional 201,769 shares during the last quarter. 3EDGE Asset Management LP grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 156.7% in the fourth quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock worth $126,905,000 after purchasing an additional 770,017 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 8.2% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 898,882 shares of the company’s stock worth $90,428,000 after purchasing an additional 68,332 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $102.41 on Monday. The firm’s 50-day moving average is $101.48 and its two-hundred day moving average is $101.04. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.53 and a 1 year high of $102.90.

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.