Focus Partners Advisor Solutions LLC Has $2.33 Million Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Focus Partners Advisor Solutions LLC grew its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 68.1% during the third quarter, HoldingsChannel reports. The firm owned 22,600 shares of the company’s stock after buying an additional 9,156 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,325,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in STIP. Kelman Lazarov Inc. lifted its stake in iShares 0-5 Year TIPS Bond ETF by 5.6% in the 3rd quarter. Kelman Lazarov Inc. now owns 281,671 shares of the company’s stock valued at $29,114,000 after purchasing an additional 14,962 shares during the last quarter. Arete Wealth Advisors LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5.7% during the third quarter. Arete Wealth Advisors LLC now owns 23,434 shares of the company’s stock worth $2,422,000 after buying an additional 1,271 shares in the last quarter. Cornerstone Financial Group LLC NE lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.0% in the 3rd quarter. Cornerstone Financial Group LLC NE now owns 49,254 shares of the company’s stock valued at $5,091,000 after acquiring an additional 973 shares during the last quarter. Brand Asset Management Group Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at $1,425,000. Finally, Dunhill Financial LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 48,500.0% during the 3rd quarter. Dunhill Financial LLC now owns 486 shares of the company’s stock worth $50,000 after acquiring an additional 485 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.1%

Shares of STIP opened at $103.15 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.67 and a 12-month high of $103.93. The business has a 50-day simple moving average of $102.73 and a two-hundred 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.