Kwmg LLC Buys 409 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Kwmg LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 0.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 156,766 shares of the company’s stock after acquiring an additional 409 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up about 1.6% of Kwmg LLC’s investment portfolio, making the stock its 16th largest holding. Kwmg LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $15,771,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. LPL Financial LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after purchasing an additional 201,769 shares during the last quarter. Brookstone Capital Management grew its position in iShares 0-5 Year TIPS Bond ETF by 4,176.7% in the third quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock valued at $18,819,000 after purchasing an additional 181,396 shares in the last quarter. Victory Capital Management Inc. grew its position in iShares 0-5 Year TIPS Bond ETF by 57.1% in the third quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock valued at $37,490,000 after purchasing an additional 134,440 shares in the last quarter. Modera Wealth Management LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 5.9% in the 3rd quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock valued at $183,551,000 after buying an additional 101,437 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 99.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after buying an additional 99,455 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA STIP traded up $0.07 during mid-day trading on Monday, hitting $100.70. The company had a trading volume of 473,533 shares, compared to its average volume of 410,671. The firm has a 50-day simple moving average of $100.71 and a two-hundred day simple moving average of $100.47. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.36 and a one year high of $101.52.

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.