Stordahl Capital Management Inc. Grows Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Stordahl Capital Management Inc. grew its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 189,244 shares of the company’s stock after acquiring an additional 11,474 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises about 4.5% of Stordahl Capital Management Inc.’s holdings, making the stock its 7th largest position. Stordahl Capital Management Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $19,038,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of STIP. LPL Financial LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 16.0% during the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after purchasing an additional 201,769 shares in the last quarter. Brookstone Capital Management increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 4,176.7% during the third quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock valued at $18,819,000 after acquiring an additional 181,396 shares in the last quarter. Victory Capital Management Inc. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 57.1% in the 3rd quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock worth $37,490,000 after acquiring an additional 134,440 shares during the last quarter. Modera Wealth Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 5.9% in the 3rd quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock valued at $183,551,000 after acquiring an additional 101,437 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 99.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock valued at $20,190,000 after purchasing an additional 99,455 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP stock opened at $101.34 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.36 and a 1-year high of $101.52. The business has a fifty day moving average price of $100.83 and a 200-day moving average price of $100.63.

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.