Quotient Wealth Partners LLC Has $65.58 Million Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Quotient Wealth Partners LLC reduced its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 40.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 634,015 shares of the company’s stock after selling 429,799 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up about 1.7% of Quotient Wealth Partners LLC’s portfolio, making the stock its 16th largest position. Quotient Wealth Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $65,576,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Adventist Health System Sunbelt Healthcare Corp acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $74,745,000. Bank of America Corp DE raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 71.1% in the second quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after purchasing an additional 671,145 shares during the last quarter. Beacon Pointe Advisors LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 190.8% in the fourth quarter. Beacon Pointe Advisors LLC now owns 556,671 shares of the company’s stock worth $56,997,000 after purchasing an additional 365,234 shares during the last quarter. SB Capital Management Inc bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $36,983,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 155.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock valued at $51,995,000 after buying an additional 305,961 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $102.06 on Friday. The stock has a fifty day simple moving average of $103.24 and a 200 day simple moving average of $103.00. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.84 and a 12-month high of $104.16.

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.