Liberty Wealth Management LLC Makes New $580,000 Investment in iShares 0-5 Year TIPS Bond ETF $STIP

Liberty Wealth Management LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 5,638 shares of the company’s stock, valued at approximately $580,000.

Several other institutional investors and hedge funds have also recently modified their holdings of STIP. Transcend Capital Advisors LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter worth approximately $313,000. Penobscot Wealth Management raised its position in iShares 0-5 Year TIPS Bond ETF by 12.0% during the 2nd quarter. Penobscot Wealth Management now owns 72,615 shares of the company’s stock valued at $7,473,000 after purchasing an additional 7,790 shares in the last quarter. Koss Olinger Consulting LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth $3,268,000. Ashton Thomas Private Wealth LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 11.6% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 53,352 shares of the company’s stock worth $5,490,000 after buying an additional 5,539 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 356.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,245,078 shares of the company’s stock worth $333,946,000 after buying an additional 2,533,763 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $103.51 on Monday. The stock’s fifty day moving average price is $103.43 and its 200-day moving average price is $102.93. 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.