iShares 0-5 Year TIPS Bond ETF $STIP Shares Bought by Modera Wealth Management LLC

Modera Wealth Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,279,268 shares of the company’s stock after acquiring an additional 142,348 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up 2.7% of Modera Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. Modera Wealth Management LLC owned 1.83% of iShares 0-5 Year TIPS Bond ETF worth $233,374,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in STIP. Lido Advisors LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 29.0% in the second quarter. Lido Advisors LLC now owns 3,155 shares of the company’s stock valued at $325,000 after purchasing an additional 710 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 39.3% in the second quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock valued at $45,000 after purchasing an additional 123 shares during the period. Baird Financial Group Inc. lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 7.3% in the second quarter. Baird Financial Group Inc. now owns 66,073 shares of the company’s stock valued at $6,800,000 after purchasing an additional 4,480 shares during the period. Cresset Asset Management LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.6% in the second quarter. Cresset Asset Management LLC now owns 13,352 shares of the company’s stock valued at $1,374,000 after purchasing an additional 588 shares during the period. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at about $101,000.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.0%

Shares of NYSEARCA STIP opened at $103.33 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.67 and a 52 week high of $103.93. The firm has a 50-day moving average price of $103.13 and a 200 day moving average price of $102.97.

About iShares 0-5 Year TIPS Bond ETF

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.