iShares 0-5 Year TIPS Bond ETF $STIP Stock: Sax Wealth Advisors LLC Raises Stake

Sax Wealth Advisors LLC raised its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 18.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 88,260 shares of the company’s stock after purchasing an additional 13,939 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $8,800,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of STIP. Avior Wealth Management LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 16.9% in the 3rd quarter. Avior Wealth Management LLC now owns 3,987 shares of the company’s stock valued at $397,000 after purchasing an additional 575 shares during the period. JGP Wealth Management LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 80.4% in the 3rd quarter. JGP Wealth Management LLC now owns 22,932 shares of the company’s stock valued at $2,286,000 after acquiring an additional 10,218 shares in the last quarter. GK Wealth Management LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at $136,000. Balefire LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth approximately $280,000. Finally, McNaughton Wealth Management LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 7.7% in the 3rd quarter. McNaughton Wealth Management LLC now owns 6,279 shares of the company’s stock worth $626,000 after purchasing an additional 448 shares in the last quarter.

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

Shares of NYSEARCA STIP traded down $0.08 during mid-day trading on Tuesday, reaching $100.10. 521,731 shares of the company’s stock traded hands, compared to its average volume of 1,174,841. The business has a 50-day simple moving average of $100.42 and a 200 day simple moving average of $101.86. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $99.56 and a 1-year high of $104.16.

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.