SCS Capital Management LLC Raises Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

SCS Capital Management LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 508,917 shares of the company’s stock after buying an additional 13,149 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 0.6% of SCS Capital Management LLC’s investment portfolio, making the stock its 27th biggest holding. SCS Capital Management LLC owned 0.42% of iShares 0-5 Year TIPS Bond ETF worth $52,373,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of STIP. LGT Financial Advisors LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth $26,000. Cape Investment Advisory Inc. lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the first quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock valued at $37,000 after purchasing an additional 353 shares during the period. Smartleaf Asset Management LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 7,780.0% during the first quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock worth $41,000 after buying an additional 389 shares in the last quarter. Quaker Wealth Management LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock worth $43,000 after buying an additional 840 shares during the period. Finally, Signature Resources Capital Management LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 45.1% in the second quarter. Signature Resources Capital Management LLC now owns 428 shares of the company’s stock valued at $44,000 after buying an additional 133 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0%

STIP stock opened at $102.74 on Friday. The firm has a 50 day moving average of $103.13 and a 200-day moving average of $102.98. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.13 and a 12-month high of $103.93.

iShares 0-5 Year TIPS Bond ETF 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.