122,340 iShares 0-5 Year TIPS Bond ETF $STIP Shares Purchased by Ritholtz Wealth Management

Ritholtz Wealth Management raised its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.8% in the third quarter, Holdings Channel reports. The fund owned 2,644,952 shares of the company’s stock after purchasing an additional 122,340 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for approximately 3.7% of Ritholtz Wealth Management’s investment portfolio, making the stock its 3rd largest holding. Ritholtz Wealth Management’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $263,702,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Modera Wealth Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at approximately $267,526,000. Envestnet Asset Management Inc. lifted its stake in iShares 0-5 Year TIPS Bond ETF by 77.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,995,879 shares of the company’s stock valued at $203,899,000 after purchasing an additional 870,609 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp lifted its stake in iShares 0-5 Year TIPS Bond ETF by 113.7% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock valued at $161,371,000 after purchasing an additional 830,200 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 9.4% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,322,733 shares of the company’s stock valued at $135,130,000 after purchasing an additional 113,391 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 14.3% in the third quarter. Farther Finance Advisors LLC now owns 1,278,077 shares of the company’s stock valued at $127,424,000 after buying an additional 159,586 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $100.03 on Thursday. The company’s 50 day moving average price is $100.33 and its two-hundred day moving average price is $101.96. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $99.56 and a fifty-two week high of $104.16.

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.