Estate Counselors LLC Purchases New Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Estate Counselors LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 58,525 shares of the company’s stock, valued at approximately $6,053,000. iShares 0-5 Year TIPS Bond ETF accounts for approximately 0.5% of Estate Counselors LLC’s holdings, making the stock its 26th largest holding.

Other large investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 39.3% in the second quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock valued at $45,000 after acquiring an additional 123 shares during the period. State Street Corp grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% in the second quarter. State Street Corp now owns 641,945 shares of the company’s stock worth $66,063,000 after purchasing an additional 3,063 shares during the last quarter. Vivaldi Capital Management LP bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter worth about $285,000. Diversify Advisory Services LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 14.6% in the second quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock worth $669,000 after purchasing an additional 830 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in iShares 0-5 Year TIPS Bond ETF by 24.8% during the 2nd quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock valued at $62,760,000 after purchasing an additional 121,311 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.1%

STIP opened at $101.11 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a one year low of $101.10 and a one year high of $104.16. The business has a 50 day simple moving average of $102.09 and a two-hundred day simple moving average of $102.81.

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.