Mirae Asset Global Investments Co. Ltd. raised its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 32.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,000 shares of the company’s stock after acquiring an additional 13,500 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.07% of iShares 0-5 Year TIPS Bond ETF worth $5,529,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after purchasing an additional 201,769 shares during the period. Victory Capital Management Inc. grew its holdings in iShares 0-5 Year TIPS Bond ETF by 57.1% in the 3rd quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock valued at $37,490,000 after buying an additional 134,440 shares during the period. Modera Wealth Management LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% during the 3rd quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock valued at $183,551,000 after acquiring an additional 101,437 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after acquiring an additional 99,455 shares during the period. Finally, Ritholtz Wealth Management grew its holdings in iShares 0-5 Year TIPS Bond ETF by 5.9% in the third quarter. Ritholtz Wealth Management now owns 1,512,948 shares of the company’s stock valued at $153,292,000 after purchasing an additional 84,443 shares during the period.
iShares 0-5 Year TIPS Bond ETF Stock Down 0.1 %
NYSEARCA:STIP opened at $101.56 on Friday. The firm’s 50 day moving average is $100.92 and its two-hundred day moving average is $100.72. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.36 and a fifty-two week high of $101.81.
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.
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