Laurel Wealth Advisors LLC Acquires 81,528 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Laurel Wealth Advisors LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 10,191.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 82,328 shares of the company’s stock after buying an additional 81,528 shares during the quarter. Laurel Wealth Advisors LLC owned approximately 0.07% of iShares 0-5 Year TIPS Bond ETF worth $8,472,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. LGT Financial Advisors LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at approximately $26,000. HHM Wealth Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 1st quarter worth approximately $28,000. Cape Investment Advisory Inc. lifted its stake in iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the first quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock valued at $37,000 after purchasing an additional 353 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 7,780.0% during the first 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 grew its holdings in iShares 0-5 Year TIPS Bond ETF by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock valued at $43,000 after purchasing an additional 840 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $103.11 on Thursday. The stock’s fifty day moving average price is $103.20 and its two-hundred day moving average price is $102.96. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.13 and a 1 year 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.