iShares 0-5 Year TIPS Bond ETF $STIP Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 356.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,245,078 shares of the company’s stock after purchasing an additional 2,533,763 shares during the period. Envestnet Asset Management Inc. owned about 2.70% of iShares 0-5 Year TIPS Bond ETF worth $333,946,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in STIP. Maseco LLP acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at approximately $64,472,000. Dynasty Wealth Management LLC raised its position 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 valued at $97,901,000 after purchasing an additional 506,435 shares in the last quarter. Quotient Wealth Partners LLC raised its position 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 valued at $93,566,000 after purchasing an additional 470,472 shares in the last quarter. Partners Capital Investment Group LLP raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 51.9% during the 1st quarter. Partners Capital Investment Group LLP now owns 994,985 shares of the company’s stock valued at $102,951,000 after acquiring an additional 340,117 shares in the last quarter. Finally, World Investment Advisors acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter valued at approximately $31,924,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP stock opened at $103.51 on Monday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.13 and a 12-month high of $103.93. The stock’s 50 day simple moving average is $103.43 and its 200 day simple moving average is $102.93.

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.