Sagespring Wealth Partners LLC Grows Position in iShares 0-5 Year TIPS Bond ETF $STIP

Sagespring Wealth Partners LLC raised its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 11.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,594 shares of the company’s stock after purchasing an additional 1,294 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,296,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in STIP. HHM Wealth Advisors LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the first quarter valued at approximately $28,000. Cape Investment Advisory Inc. grew its position in iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock valued at $37,000 after acquiring an additional 353 shares during the last quarter. Capital Investment Advisory Services LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 34.0% in the 1st quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock valued at $40,000 after acquiring an additional 97 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 7,780.0% in the first quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock worth $41,000 after purchasing an additional 389 shares during the period. Finally, Signature Resources Capital Management LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 45.1% during the second quarter. Signature Resources Capital Management LLC now owns 428 shares of the company’s stock worth $44,000 after purchasing an additional 133 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP opened at $103.43 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.13 and a 12-month high of $103.93. The firm has a fifty day moving average price of $103.37 and a 200-day moving average price of $102.89.

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.