iShares 0-5 Year TIPS Bond ETF $STIP Stock Position Increased by Straight Path Wealth Management

Straight Path Wealth Management grew its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 11.3% during the 3rd quarter, Holdings Channel reports. The fund owned 78,853 shares of the company’s stock after purchasing an additional 8,034 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up about 1.7% of Straight Path Wealth Management’s holdings, making the stock its 13th largest holding. Straight Path Wealth Management’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $7,862,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Winter & Associates Inc. raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 12.3% during the third quarter. Winter & Associates Inc. now owns 34,705 shares of the company’s stock worth $3,489,000 after purchasing an additional 3,803 shares during the last quarter. Wolff Financial Management LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at $8,881,000. Valen Private Capital LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at $7,142,000. Middleton & Co. Inc. MA boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 100.0% in the third quarter. Middleton & Co. Inc. MA now owns 8,201 shares of the company’s stock valued at $818,000 after purchasing an additional 4,100 shares during the last quarter. Finally, Simplicity Wealth LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 39.1% in the third quarter. Simplicity Wealth LLC now owns 7,775 shares of the company’s stock valued at $775,000 after purchasing an additional 2,184 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA:STIP opened at $100.90 on Monday. The firm’s fifty day moving average is $100.40 and its two-hundred day moving average is $101.69. iShares 0-5 Year TIPS Bond ETF has a one year low of $99.56 and a one year 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.