iShares 0-5 Year TIPS Bond ETF $STIP Stock Holdings Boosted by Destination Wealth Management

Destination Wealth Management lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 798,027 shares of the company’s stock after buying an additional 35,479 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 2.1% of Destination Wealth Management’s portfolio, making the stock its 9th largest position. Destination Wealth Management owned approximately 0.63% of iShares 0-5 Year TIPS Bond ETF worth $81,710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Modera Wealth Management LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 6.7% in the fourth quarter. Modera Wealth Management LLC now owns 2,279,268 shares of the company’s stock worth $233,374,000 after buying an additional 142,348 shares during the period. Ritholtz Wealth Management boosted its position in iShares 0-5 Year TIPS Bond ETF by 5.1% during the 4th quarter. Ritholtz Wealth Management now owns 2,255,855 shares of the company’s stock valued at $230,977,000 after acquiring an additional 109,416 shares in the last quarter. Bank of America Corp DE boosted its position in iShares 0-5 Year TIPS Bond ETF by 8.7% during the 3rd quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock valued at $181,423,000 after acquiring an additional 140,223 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 8.1% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 1,148,502 shares of the company’s stock valued at $117,595,000 after acquiring an additional 86,535 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 4.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,119,136 shares of the company’s stock valued at $114,588,000 after acquiring an additional 43,725 shares in the last quarter.

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

iShares 0-5 Year TIPS Bond ETF stock opened at $102.38 on Friday. The stock’s 50 day simple moving average is $103.36 and its two-hundred day simple moving average is $103.03. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $102.12 and a fifty-two week 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.