Montag A & Associates Inc. Invests $1.48 Million in iShares 0-5 Year TIPS Bond ETF $STIP

Montag A & Associates Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 14,498 shares of the company’s stock, valued at approximately $1,484,000.

A number of other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,319,880 shares of the company’s stock worth $343,143,000 after purchasing an additional 74,802 shares during the period. Modera Wealth Management LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6.7% during the 4th quarter. Modera Wealth Management LLC now owns 2,279,268 shares of the company’s stock worth $233,374,000 after purchasing an additional 142,348 shares during the period. Ritholtz Wealth Management grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5.1% during the 4th quarter. Ritholtz Wealth Management now owns 2,255,855 shares of the company’s stock worth $230,977,000 after purchasing an additional 109,416 shares during the period. Bank of America Corp DE grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 8.7% during the 3rd quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock worth $181,423,000 after purchasing an additional 140,223 shares during the period. Finally, 3EDGE Asset Management LP grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5.7% during the 3rd quarter. 3EDGE Asset Management LP now owns 1,179,708 shares of the company’s stock worth $121,929,000 after purchasing an additional 63,189 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $103.66 on Monday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.98 and a 1 year high of $104.16. The stock has a 50-day simple moving average of $103.44 and a 200-day simple moving average of $103.02.

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.