103,001 Shares in iShares 0-5 Year TIPS Bond ETF $STIP Bought by Seneca Financial Advisors LLC

Seneca Financial Advisors LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 103,001 shares of the company’s stock, valued at approximately $10,600,000. iShares 0-5 Year TIPS Bond ETF accounts for 4.1% of Seneca Financial Advisors LLC’s holdings, making the stock its 9th biggest position. Seneca Financial Advisors LLC owned approximately 0.09% of iShares 0-5 Year TIPS Bond ETF at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Envestnet Asset Management Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 356.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,245,078 shares of the company’s stock valued at $333,946,000 after acquiring an additional 2,533,763 shares during the period. Modera Wealth Management LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 3.6% during the second quarter. Modera Wealth Management LLC now owns 2,027,657 shares of the company’s stock worth $208,666,000 after purchasing an additional 70,170 shares in the last quarter. Ritholtz Wealth Management grew its holdings in iShares 0-5 Year TIPS Bond ETF by 13.9% in the second quarter. Ritholtz Wealth Management now owns 2,024,720 shares of the company’s stock valued at $208,364,000 after purchasing an additional 247,269 shares during the period. Bank of America Corp DE increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 71.1% in the second quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after buying an additional 671,145 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 34.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,543,492 shares of the company’s stock worth $158,841,000 after buying an additional 392,850 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $102.64 on Friday. The company’s fifty day moving average price is $103.05 and its 200 day moving average price is $102.99. 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.