PAX Financial Group LLC Acquires Shares of 11,309 iShares 0-5 Year TIPS Bond ETF $STIP

PAX Financial Group LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 11,309 shares of the company’s stock, valued at approximately $1,164,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 356.2% during the second quarter. Envestnet Asset Management Inc. now owns 3,245,078 shares of the company’s stock valued at $333,946,000 after buying an additional 2,533,763 shares during the last quarter. Maseco LLP purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $64,472,000. Partners Capital Investment Group LLP raised its position in iShares 0-5 Year TIPS Bond ETF by 51.9% during the first quarter. Partners Capital Investment Group LLP now owns 994,985 shares of the company’s stock valued at $102,951,000 after acquiring an additional 340,117 shares in the last quarter. Assetmark Inc. lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 47.8% in the 1st quarter. Assetmark Inc. now owns 855,388 shares of the company’s stock valued at $88,507,000 after purchasing an additional 276,740 shares during the period. Finally, Ritholtz Wealth Management boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 13.9% during the 2nd quarter. Ritholtz Wealth Management now owns 2,024,720 shares of the company’s stock worth $208,364,000 after acquiring an additional 247,269 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $102.87 on Monday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.13 and a 1 year high of $103.93. The company’s fifty day moving average price is $103.29 and its 200 day moving average price is $102.94.

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.