Avidian Wealth Enterprises LLC Has $458,000 Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Avidian Wealth Enterprises LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 33.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,446 shares of the company’s stock after buying an additional 1,124 shares during the period. Avidian Wealth Enterprises LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $458,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of STIP. Janney Montgomery Scott LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.6% in the first quarter. Janney Montgomery Scott LLC now owns 6,217 shares of the company’s stock worth $643,000 after buying an additional 331 shares during the period. Golden State Equity Partners raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 12.4% during the first quarter. Golden State Equity Partners now owns 3,393 shares of the company’s stock worth $351,000 after acquiring an additional 375 shares in the last quarter. Tyche Wealth Partners LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the first quarter worth $224,000. Sequoia Financial Advisors LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 22.9% during the first quarter. Sequoia Financial Advisors LLC now owns 7,061 shares of the company’s stock worth $731,000 after acquiring an additional 1,314 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6.6% during the first quarter. Creative Financial Designs Inc. ADV now owns 20,065 shares of the company’s stock worth $2,076,000 after acquiring an additional 1,235 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1%

Shares of NYSEARCA:STIP opened at $103.60 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.13 and a 1 year high of $103.93. The business has a fifty day simple moving average of $103.42 and a 200 day simple moving average of $102.91.

iShares 0-5 Year TIPS Bond ETF Company 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.