iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Stock Position Raised by American Money Management LLC

American Money Management LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 119,757 shares of the company’s stock after purchasing an additional 8,224 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for about 2.4% of American Money Management LLC’s investment portfolio, making the stock its 9th biggest holding. American Money Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $12,048,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Edgestream Partners L.P. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at about $1,051,000. HighTower Advisors LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 14.0% during the third quarter. HighTower Advisors LLC now owns 240,797 shares of the company’s stock worth $24,392,000 after buying an additional 29,579 shares during the period. Integrated Wealth Concepts LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 99.6% in the third quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock valued at $20,190,000 after buying an additional 99,455 shares in the last quarter. IHT Wealth Management LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 79.3% during the 3rd quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock valued at $1,615,000 after acquiring an additional 7,048 shares during the period. Finally, Orion Portfolio Solutions LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 6.4% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 183,334 shares of the company’s stock worth $18,575,000 after acquiring an additional 11,003 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.3 %

NYSEARCA STIP opened at $103.38 on Friday. The business has a 50 day moving average price of $102.08 and a 200 day moving average price of $101.28. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.53 and a 1-year high of $103.42.

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.