iShares 0-5 Year TIPS Bond ETF $STIP Shares Purchased by SCS Capital Management LLC

SCS Capital Management LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 8.1% during the 4th quarter, Holdings Channel reports. The fund owned 542,986 shares of the company’s stock after acquiring an additional 40,809 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 0.6% of SCS Capital Management LLC’s portfolio, making the stock its 29th largest holding. SCS Capital Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $55,596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the business. Meridian Wealth Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 2.2% in the 3rd quarter. Meridian Wealth Management LLC now owns 4,602 shares of the company’s stock valued at $476,000 after acquiring an additional 101 shares during the period. Blue Edge Capital LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.4% during the 3rd quarter. Blue Edge Capital LLC now owns 4,798 shares of the company’s stock valued at $496,000 after purchasing an additional 112 shares during the period. Parallel Advisors LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% during the 3rd quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock valued at $84,000 after purchasing an additional 112 shares during the period. BWM Planning LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.0% during the 4th quarter. BWM Planning LLC now owns 5,899 shares of the company’s stock valued at $604,000 after purchasing an additional 118 shares during the period. Finally, Prospera Financial Services Inc increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% during the 3rd quarter. Prospera Financial Services Inc now owns 9,527 shares of the company’s stock valued at $985,000 after purchasing an additional 120 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $103.67 on Monday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.98 and a 1 year high of $104.16. The business’s fifty day moving average is $103.52 and its 200-day moving average is $103.06.

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.