Modera Wealth Management LLC Has $208.67 Million Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Modera Wealth Management LLC grew its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,027,657 shares of the company’s stock after purchasing an additional 70,170 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up approximately 2.6% of Modera Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. Modera Wealth Management LLC owned approximately 1.69% of iShares 0-5 Year TIPS Bond ETF worth $208,666,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. LGT Financial Advisors LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at about $26,000. HHM Wealth Advisors LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the first quarter valued at approximately $28,000. Cape Investment Advisory Inc. lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 35,300.0% during the 1st quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock worth $37,000 after purchasing an additional 353 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 7,780.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock valued at $41,000 after purchasing an additional 389 shares during the period. Finally, Quaker Wealth Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 200.0% during the 2nd 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.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $102.81 on Friday. The stock has a fifty day moving average of $103.37 and a 200-day moving average of $102.96. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $100.13 and a fifty-two week high of $103.93.

iShares 0-5 Year TIPS Bond ETF Company 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.