JGP Wealth Management LLC Grows Stake in iShares 0-5 Year TIPS Bond ETF $STIP

JGP Wealth Management LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 126.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,913 shares of the company’s stock after purchasing an additional 5,535 shares during the quarter. JGP Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,020,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in STIP. Maseco LLP purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $64,472,000. Dynasty Wealth Management LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 115.2% during the first quarter. Dynasty Wealth Management LLC now owns 946,182 shares of the company’s stock valued at $97,901,000 after buying an additional 506,435 shares during the last quarter. Quotient Wealth Partners LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 108.5% during the first quarter. Quotient Wealth Partners LLC now owns 904,284 shares of the company’s stock valued at $93,566,000 after buying an additional 470,472 shares during the last quarter. Partners Capital Investment Group LLP boosted its stake in iShares 0-5 Year TIPS Bond ETF by 51.9% during the first quarter. Partners Capital Investment Group LLP now owns 994,985 shares of the company’s stock valued at $102,951,000 after buying an additional 340,117 shares during the last quarter. Finally, World Investment Advisors bought a new position in iShares 0-5 Year TIPS Bond ETF during the first quarter valued at approximately $31,924,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $103.43 on Wednesday. The stock has a 50 day moving average of $103.37 and a 200 day moving average of $102.89. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $100.13 and a 12 month high of $103.93.

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.