Kestra Advisory Services LLC Has $7.92 Million Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Kestra Advisory Services LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 76.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 76,564 shares of the company’s stock after purchasing an additional 33,051 shares during the period. Kestra Advisory Services LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $7,919,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. BIP Wealth LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 4.9% in the fourth quarter. BIP Wealth LLC now owns 146,607 shares of the company’s stock valued at $15,011,000 after purchasing an additional 6,861 shares in the last quarter. Maseco LLP grew its stake in iShares 0-5 Year TIPS Bond ETF by 6.7% during the fourth quarter. Maseco LLP now owns 733,508 shares of the company’s stock worth $75,100,000 after buying an additional 46,249 shares in the last quarter. Brooklyn FI LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 27.7% in the 4th quarter. Brooklyn FI LLC now owns 34,664 shares of the company’s stock valued at $3,549,000 after buying an additional 7,529 shares during the period. Investment Partners Asset Management Inc. increased its holdings in iShares 0-5 Year TIPS Bond ETF by 35.7% in the 4th quarter. Investment Partners Asset Management Inc. now owns 26,606 shares of the company’s stock valued at $2,724,000 after buying an additional 6,996 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 66.1% in the 4th quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock valued at $75,618,000 after buying an additional 293,986 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $101.29 on Tuesday. The firm has a 50 day moving average of $102.55 and a 200-day moving average of $102.89. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.11 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.