Gilliland Jeter Wealth Management LLC Raises Position in iShares 0-5 Year TIPS Bond ETF $STIP

Gilliland Jeter Wealth Management LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 10,095 shares of the company’s stock after acquiring an additional 462 shares during the quarter. Gilliland Jeter Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Roundview Capital LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 18.0% during the 2nd quarter. Roundview Capital LLC now owns 18,507 shares of the company’s stock worth $1,905,000 after acquiring an additional 2,819 shares during the last quarter. Ridgewood Investments LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 88.5% during the 1st quarter. Ridgewood Investments LLC now owns 1,542 shares of the company’s stock worth $160,000 after acquiring an additional 724 shares during the last quarter. Lutz Financial Services LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 10.0% during the 1st quarter. Lutz Financial Services LLC now owns 65,429 shares of the company’s stock worth $6,770,000 after acquiring an additional 5,943 shares during the last quarter. J.W. Cole Advisors Inc. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 35.9% during the 1st quarter. J.W. Cole Advisors Inc. now owns 11,508 shares of the company’s stock worth $1,191,000 after acquiring an additional 3,043 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 6.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 226,878 shares of the company’s stock worth $23,475,000 after acquiring an additional 12,766 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $103.20 on Friday. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.13 and a one year high of $103.93. The company’s fifty day moving average price is $103.34 and its 200-day moving average price is $102.89.

About iShares 0-5 Year TIPS Bond ETF

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.