Western Wealth Management LLC Purchases 7,920 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Western Wealth Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 291.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,636 shares of the company’s stock after acquiring an additional 7,920 shares during the quarter. Western Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,089,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of STIP. EverSource Wealth Advisors LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 39.3% in the second quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock valued at $45,000 after acquiring an additional 123 shares during the period. State Street Corp increased its position in iShares 0-5 Year TIPS Bond ETF by 0.5% in the second quarter. State Street Corp now owns 641,945 shares of the company’s stock worth $66,063,000 after buying an additional 3,063 shares in the last quarter. Vivaldi Capital Management LP purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter worth about $285,000. Diversify Advisory Services LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 14.6% during the second quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock worth $669,000 after purchasing an additional 830 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 24.8% during the second quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock worth $62,760,000 after purchasing an additional 121,311 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0%

NYSEARCA:STIP opened at $103.56 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.98 and a 12-month high of $104.16. The stock has a 50-day moving average price of $103.52 and a 200 day moving average price of $103.03.

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.