LongView Wealth Management Grows Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

LongView Wealth Management boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 138.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,679 shares of the company’s stock after acquiring an additional 14,317 shares during the quarter. LongView Wealth Management’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in STIP. Envestnet Asset Management Inc. raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 356.2% during the second quarter. Envestnet Asset Management Inc. now owns 3,245,078 shares of the company’s stock valued at $333,946,000 after acquiring an additional 2,533,763 shares during the last quarter. Bank of America Corp DE raised its position in iShares 0-5 Year TIPS Bond ETF by 71.1% during the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after purchasing an additional 671,145 shares during the last quarter. Maseco LLP purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth approximately $64,472,000. JPMorgan Chase & Co. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 34.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,543,492 shares of the company’s stock worth $158,841,000 after buying an additional 392,850 shares during the last quarter. Finally, Ritholtz Wealth Management grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 13.9% in the 2nd quarter. Ritholtz Wealth Management now owns 2,024,720 shares of the company’s stock worth $208,364,000 after buying an additional 247,269 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.4%

Shares of STIP stock opened at $102.32 on Monday. The stock has a fifty day moving average of $102.98 and a 200 day moving average of $103.00. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $100.29 and a 52 week 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.