Collaborative Wealth Managment Inc. Has $13.70 Million Position in iShares 0-5 Year TIPS Bond ETF $STIP

Collaborative Wealth Managment Inc. lifted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 303.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 132,483 shares of the company’s stock after purchasing an additional 99,657 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for approximately 6.3% of Collaborative Wealth Managment Inc.’s portfolio, making the stock its 3rd largest position. Collaborative Wealth Managment Inc. owned 0.09% of iShares 0-5 Year TIPS Bond ETF worth $13,703,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Chapman Financial Group LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth approximately $26,000. IFC & Insurance Marketing Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth approximately $27,000. Caldwell Trust Co purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $29,000. Kingdom Financial Group LLC. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $29,000. Finally, Torren Management LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $41,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $101.36 on Thursday. The business has a 50 day moving average of $102.46 and a 200 day moving average of $102.87. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.11 and a 52 week high of $104.16.

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.