Cornerstone Planning Group LLC Raises Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Cornerstone Planning Group LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2,734.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,925 shares of the company’s stock after acquiring an additional 5,716 shares during the quarter. Cornerstone Planning Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $611,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in STIP. Physician Wealth Advisors Inc. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 4.4% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 41,724 shares of the company’s stock worth $4,313,000 after purchasing an additional 1,747 shares during the period. Tsfg LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 17.0% in the 3rd quarter. Tsfg LLC now owns 4,429 shares of the company’s stock valued at $458,000 after buying an additional 643 shares during the period. Jones Financial Companies Lllp lifted its position in iShares 0-5 Year TIPS Bond ETF by 38.5% in the third quarter. Jones Financial Companies Lllp now owns 52,618 shares of the company’s stock valued at $5,438,000 after buying an additional 14,633 shares during the last quarter. Meridian Wealth Management LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 2.2% during the third quarter. Meridian Wealth Management LLC now owns 4,602 shares of the company’s stock worth $476,000 after buying an additional 101 shares during the period. Finally, Transcend Capital Advisors LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 7.5% during the third quarter. Transcend Capital Advisors LLC now owns 3,268 shares of the company’s stock valued at $338,000 after acquiring an additional 229 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $102.77 on Tuesday. The company’s 50 day simple moving average is $102.58 and its 200-day simple moving average is $103.00. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.42 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.