Austin Asset Management Co Inc Raises Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Austin Asset Management Co Inc raised its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 310,550 shares of the company’s stock after buying an additional 20,464 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for 5.4% of Austin Asset Management Co Inc’s investment portfolio, making the stock its 5th biggest holding. Austin Asset Management Co Inc’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $32,120,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Ritholtz Wealth Management boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6.8% in the 1st quarter. Ritholtz Wealth Management now owns 2,409,803 shares of the company’s stock valued at $249,246,000 after buying an additional 153,948 shares in the last quarter. Modera Wealth Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 6.7% during the fourth quarter. Modera Wealth Management LLC now owns 2,279,268 shares of the company’s stock valued at $233,374,000 after acquiring an additional 142,348 shares during the last quarter. Bank of America Corp DE lifted its position in iShares 0-5 Year TIPS Bond ETF by 8.7% during the third quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock valued at $181,423,000 after acquiring an additional 140,223 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 8.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 1,148,502 shares of the company’s stock valued at $117,595,000 after acquiring an additional 86,535 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 4.1% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,119,136 shares of the company’s stock valued at $114,588,000 after acquiring an additional 43,725 shares in the last quarter.

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

NYSEARCA STIP opened at $101.35 on Thursday. The firm’s fifty day simple moving average is $102.71 and its two-hundred day simple moving average is $102.91. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.11 and a 12-month 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.