iShares 0-5 Year TIPS Bond ETF $STIP Shares Purchased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 539.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 267,611 shares of the company’s stock after buying an additional 225,775 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 0.22% of iShares 0-5 Year TIPS Bond ETF worth $27,540,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in STIP. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 6.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 226,878 shares of the company’s stock worth $23,475,000 after buying an additional 12,766 shares in the last quarter. Affinity Capital Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 1st quarter worth about $293,000. Ritholtz Wealth Management increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 13.1% in the 1st quarter. Ritholtz Wealth Management now owns 1,777,451 shares of the company’s stock worth $183,913,000 after purchasing an additional 205,304 shares during the last quarter. Arkansas Financial Group Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 10.7% in the 1st quarter. Arkansas Financial Group Inc. now owns 157,354 shares of the company’s stock worth $16,105,000 after purchasing an additional 15,160 shares during the last quarter. Finally, CHB Investment Group LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.0% in the 1st quarter. CHB Investment Group LLC now owns 33,611 shares of the company’s stock worth $3,478,000 after purchasing an additional 1,610 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $103.32 on Monday. The company has a 50-day moving average of $103.35 and a 200-day moving average of $102.89. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $100.13 and a 1-year 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.