Beckerman Institutional LLC Purchases 1,075 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Beckerman Institutional LLC increased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,602 shares of the company’s stock after acquiring an additional 1,075 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises about 1.9% of Beckerman Institutional LLC’s investment portfolio, making the stock its 12th biggest position. Beckerman Institutional LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,374,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of STIP. LPL Financial LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after acquiring an additional 201,769 shares during the period. Victory Capital Management Inc. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 57.1% in the 3rd quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock worth $37,490,000 after acquiring an additional 134,440 shares during the period. Modera Wealth Management LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% during the 3rd quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock worth $183,551,000 after purchasing an additional 101,437 shares during the period. Integrated Wealth Concepts LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after purchasing an additional 99,455 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 8.2% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 898,882 shares of the company’s stock worth $90,428,000 after purchasing an additional 68,332 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $101.53 on Thursday. The firm’s 50-day moving average is $100.96 and its 200-day moving average is $100.77. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.36 and a 52-week high of $101.81.

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.