AE Wealth Management LLC Has $3.27 Million Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

AE Wealth Management LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 22.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,637 shares of the company’s stock after purchasing an additional 5,753 shares during the period. AE Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,270,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LGT Financial Advisors LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF during the second quarter worth $26,000. Rossmore Private Capital bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at about $26,000. Chapman Financial Group LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth about $26,000. Trust Co. of Vermont bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at about $32,000. Finally, Quaker Wealth Management LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock valued at $43,000 after purchasing an additional 840 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1%

Shares of NYSEARCA:STIP opened at $102.95 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.38 and a 52-week high of $103.93. The company has a 50-day simple moving average of $102.59 and a 200 day simple moving average of $103.00.

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.