iShares 0-5 Year TIPS Bond ETF $STIP is Tortoise Investment Management LLC’s 2nd Largest Position

Tortoise Investment Management LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 492,944 shares of the company’s stock after purchasing an additional 30,291 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up 5.3% of Tortoise Investment Management LLC’s portfolio, making the stock its 2nd biggest holding. Tortoise Investment Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $51,005,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in STIP. Dynasty Wealth Management LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 115.2% in the first quarter. Dynasty Wealth Management LLC now owns 946,182 shares of the company’s stock valued at $97,901,000 after purchasing an additional 506,435 shares during the last quarter. Quotient Wealth Partners LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 108.5% in the first quarter. Quotient Wealth Partners LLC now owns 904,284 shares of the company’s stock valued at $93,566,000 after purchasing an additional 470,472 shares during the last quarter. Partners Capital Investment Group LLP increased its stake in iShares 0-5 Year TIPS Bond ETF by 51.9% in the first quarter. Partners Capital Investment Group LLP now owns 994,985 shares of the company’s stock valued at $102,951,000 after purchasing an additional 340,117 shares during the last quarter. World Investment Advisors acquired a new position in iShares 0-5 Year TIPS Bond ETF in the first quarter valued at $31,924,000. Finally, Assetmark Inc. boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 47.8% in the first quarter. Assetmark Inc. now owns 855,388 shares of the company’s stock valued at $88,507,000 after acquiring an additional 276,740 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.2%

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $103.84 on Thursday. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $100.13 and a twelve month high of $103.88. The business’s fifty day moving average price is $102.89 and its 200 day moving average price is $102.64.

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.