Integrated Wealth Concepts LLC Raises Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Integrated Wealth Concepts LLC increased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 218,961 shares of the company’s stock after acquiring an additional 6,749 shares during the period. Integrated Wealth Concepts LLC owned approximately 0.14% of iShares 0-5 Year TIPS Bond ETF worth $22,369,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Chapman Financial Group LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $26,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth approximately $27,000. Kingdom Financial Group LLC. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $29,000. Beacon Financial Strategies CORP acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $38,000. Finally, Retirement Wealth Solutions LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 197.6% during the 2nd quarter. Retirement Wealth Solutions LLC now owns 372 shares of the company’s stock worth $38,000 after purchasing an additional 247 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA:STIP opened at $100.79 on Thursday. The business’s 50-day moving average is $101.01 and its two-hundred day moving average is $102.39. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $100.53 and a 12 month high of $104.16.

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.