Tyche Wealth Partners LLC Increases Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Tyche Wealth Partners LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 254.1% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 7,670 shares of the company’s stock after acquiring an additional 5,504 shares during the period. Tyche Wealth Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $789,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in STIP. Ridgewood Investments LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 88.5% during the first quarter. Ridgewood Investments LLC now owns 1,542 shares of the company’s stock worth $160,000 after acquiring an additional 724 shares during the last quarter. Lutz Financial Services LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 10.0% in the first quarter. Lutz Financial Services LLC now owns 65,429 shares of the company’s stock valued at $6,770,000 after purchasing an additional 5,943 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 35.9% during the 1st quarter. J.W. Cole Advisors Inc. now owns 11,508 shares of the company’s stock worth $1,191,000 after purchasing an additional 3,043 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 6.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 226,878 shares of the company’s stock worth $23,475,000 after purchasing an additional 12,766 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 6,217 shares of the company’s stock worth $643,000 after purchasing an additional 331 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.0%

STIP stock opened at $103.17 on Tuesday. The stock’s 50 day moving average price is $103.32 and its 200 day moving average price is $102.88. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.13 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.