ProVise Management Group LLC Increases Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

ProVise Management Group LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.8% in the third quarter, Holdings Channel.com reports. The firm owned 209,736 shares of the company’s stock after acquiring an additional 7,706 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises approximately 1.6% of ProVise Management Group LLC’s investment portfolio, making the stock its 16th largest position. ProVise Management Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $21,678,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% during the third quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock valued at $84,000 after acquiring an additional 112 shares in the last quarter. CreativeOne Wealth LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 10.8% in the third quarter. CreativeOne Wealth LLC now owns 89,898 shares of the company’s stock worth $9,292,000 after acquiring an additional 8,728 shares in the last quarter. Blair William & Co. IL lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 21.8% in the third quarter. Blair William & Co. IL now owns 82,027 shares of the company’s stock worth $8,478,000 after acquiring an additional 14,669 shares in the last quarter. Evexia Wealth LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 5.6% in the third quarter. Evexia Wealth LLC now owns 13,096 shares of the company’s stock valued at $1,355,000 after purchasing an additional 699 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 11.4% in the third quarter. Aptus Capital Advisors LLC now owns 34,817 shares of the company’s stock valued at $3,599,000 after purchasing an additional 3,576 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA STIP opened at $103.50 on Monday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $101.67 and a fifty-two week high of $103.93. The business has a 50 day moving average price of $102.78 and a two-hundred day moving average price of $103.01.

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.