Jacobson & Schmitt Advisors LLC lifted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 1.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 183,820 shares of the company’s stock after acquiring an additional 2,503 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up approximately 3.4% of Jacobson & Schmitt Advisors LLC’s holdings, making the stock its 7th biggest holding. Jacobson & Schmitt Advisors LLC owned 0.15% of iShares 0-5 Year TIPS Bond ETF worth $18,917,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 356.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,245,078 shares of the company’s stock valued at $333,946,000 after acquiring an additional 2,533,763 shares during the period. Ritholtz Wealth Management raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 13.9% in the 2nd quarter. Ritholtz Wealth Management now owns 2,024,720 shares of the company’s stock valued at $208,364,000 after acquiring an additional 247,269 shares during the period. Modera Wealth Management LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 3.3% in the 1st quarter. Modera Wealth Management LLC now owns 1,957,487 shares of the company’s stock valued at $202,541,000 after purchasing an additional 63,214 shares during the period. LPL Financial LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.3% in the 1st quarter. LPL Financial LLC now owns 1,604,696 shares of the company’s stock valued at $166,038,000 after purchasing an additional 65,726 shares during the period. Finally, 3EDGE Asset Management LP grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.1% in the 2nd quarter. 3EDGE Asset Management LP now owns 1,116,519 shares of the company’s stock valued at $114,885,000 after purchasing an additional 23,082 shares during the period.
iShares 0-5 Year TIPS Bond ETF Trading Up 0.0%
Shares of STIP opened at $102.86 on Wednesday. The stock has a 50 day simple moving average of $103.41 and a 200 day simple moving average of $102.96. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $100.13 and a 52-week high of $103.93.
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.
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