Axxcess Wealth Management LLC Acquires New Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Axxcess Wealth Management LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 30,549 shares of the company’s stock, valued at approximately $3,158,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Chapman Financial Group LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at $26,000. Rossmore Private Capital bought a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth about $26,000. Trust Co. of Vermont acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at about $32,000. Quaker Wealth Management LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock valued at $43,000 after purchasing an additional 840 shares in the last quarter. Finally, Semmax Financial Advisors Inc. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $43,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $102.90 on Thursday. The stock has a 50-day simple moving average of $102.61 and a 200 day simple moving average of $103.00. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.67 and a 52-week high of $103.93.

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.