Family Legacy Financial Solutions LLC Boosts Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

Family Legacy Financial Solutions LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 11.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 128,404 shares of the company’s stock after buying an additional 13,522 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises approximately 7.6% of Family Legacy Financial Solutions LLC’s holdings, making the stock its 4th largest holding. Family Legacy Financial Solutions LLC owned about 0.08% of iShares 0-5 Year TIPS Bond ETF worth $12,802,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in STIP. Envestnet Asset Management Inc. grew its holdings in iShares 0-5 Year TIPS Bond ETF by 77.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,995,879 shares of the company’s stock worth $203,899,000 after acquiring an additional 870,609 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 113.7% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock valued at $161,371,000 after purchasing an additional 830,200 shares in the last quarter. SB Capital Management Inc purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth approximately $36,983,000. Rockland Trust Co. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth approximately $25,993,000. Finally, Capital Advantage Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $26,438,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP stock traded up $0.11 during trading on Wednesday, hitting $100.10. 880,379 shares of the company’s stock traded hands, compared to its average volume of 1,184,770. The business has a fifty day simple moving average of $100.51 and a two-hundred day simple moving average of $101.94. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $99.56 and a 1 year 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.