Silver Oak Wealth Advisors Services LLC Raises Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Silver Oak Wealth Advisors Services LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 18.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 19,121 shares of the company’s stock after purchasing an additional 2,960 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for about 1.4% of Silver Oak Wealth Advisors Services LLC’s investment portfolio, making the stock its 15th biggest holding. Silver Oak Wealth Advisors Services LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,968,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Maseco LLP acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth approximately $64,472,000. Dynasty Wealth Management LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 115.2% in the 1st quarter. Dynasty Wealth Management LLC now owns 946,182 shares of the company’s stock worth $97,901,000 after acquiring an additional 506,435 shares during the period. Quotient Wealth Partners LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 108.5% in the 1st quarter. Quotient Wealth Partners LLC now owns 904,284 shares of the company’s stock worth $93,566,000 after acquiring an additional 470,472 shares during the period. Partners Capital Investment Group LLP grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 51.9% in the 1st quarter. Partners Capital Investment Group LLP now owns 994,985 shares of the company’s stock worth $102,951,000 after acquiring an additional 340,117 shares during the period. Finally, World Investment Advisors acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 1st quarter worth approximately $31,924,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP opened at $103.60 on Thursday. The stock’s 50 day simple moving average is $103.42 and its 200 day simple moving average is $102.91. 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 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.