Keebeck Wealth Management Buys 5,765 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Keebeck Wealth Management grew its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 251.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 8,061 shares of the company’s stock after buying an additional 5,765 shares during the period. Keebeck Wealth Management’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $834,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in STIP. EverSource Wealth Advisors LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 39.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock worth $45,000 after purchasing an additional 123 shares in the last quarter. State Street Corp lifted its position in iShares 0-5 Year TIPS Bond ETF by 0.5% in the second quarter. State Street Corp now owns 641,945 shares of the company’s stock worth $66,063,000 after purchasing an additional 3,063 shares during the period. Vivaldi Capital Management LP acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at about $285,000. Diversify Advisory Services LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 14.6% in the second quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock valued at $669,000 after acquiring an additional 830 shares during the period. Finally, Raymond James Financial Inc. raised its position in iShares 0-5 Year TIPS Bond ETF by 24.8% in the second quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock worth $62,760,000 after purchasing an additional 121,311 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $101.23 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.11 and a 12 month high of $104.16. The company has a 50-day moving average price of $102.14 and a two-hundred day moving average price of $102.82.

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.