iShares 0-5 Year TIPS Bond ETF $STIP Shares Purchased by Parallel Advisors LLC

Parallel Advisors LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2,196.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,466 shares of the company’s stock after acquiring an additional 5,228 shares during the period. Parallel Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $545,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in STIP. Modera Wealth Management LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $267,526,000. Envestnet Asset Management Inc. lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 77.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,995,879 shares of the company’s stock worth $203,899,000 after buying an additional 870,609 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 113.7% during 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 buying an additional 830,200 shares in the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 9.4% in the second quarter. Wealthcare Advisory Partners LLC now owns 1,322,733 shares of the company’s stock valued at $135,130,000 after acquiring an additional 113,391 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 14.3% in the third quarter. Farther Finance Advisors LLC now owns 1,278,077 shares of the company’s stock valued at $127,424,000 after acquiring an additional 159,586 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $99.95 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $99.56 and a 1 year high of $104.16. The business has a fifty day moving average price of $100.32 and a two-hundred day moving average price of $101.95.

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.