Insight Wealth Strategies LLC Raises Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Insight Wealth Strategies LLC lifted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 55.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 184,565 shares of the company’s stock after acquiring an additional 66,021 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for about 1.8% of Insight Wealth Strategies LLC’s investment portfolio, making the stock its 18th largest holding. Insight Wealth Strategies LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $18,665,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Modera Wealth Management LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 7.2% during the first quarter. Modera Wealth Management LLC now owns 2,442,854 shares of the company’s stock valued at $252,664,000 after buying an additional 163,586 shares during the last quarter. Ritholtz Wealth Management grew its holdings in iShares 0-5 Year TIPS Bond ETF by 6.8% during 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. Bank of America Corp DE increased its stake in iShares 0-5 Year TIPS Bond ETF by 8.7% in the 3rd quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock worth $181,423,000 after acquiring an additional 140,223 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp increased its stake in iShares 0-5 Year TIPS Bond ETF by 113.7% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock worth $161,371,000 after acquiring an additional 830,200 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 9.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,322,733 shares of the company’s stock worth $135,130,000 after acquiring an additional 113,391 shares in the last quarter.

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

Shares of STIP opened at $100.66 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.53 and a 1 year high of $104.16. The business’s 50 day simple moving average is $101.57 and its 200-day simple moving average is $102.69.

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.