Integrated Wealth Concepts LLC Increases Position in iShares 0-5 Year TIPS Bond ETF $STIP

Integrated Wealth Concepts LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 10.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 185,452 shares of the company’s stock after buying an additional 16,999 shares during the period. Integrated Wealth Concepts LLC owned about 0.14% of iShares 0-5 Year TIPS Bond ETF worth $19,168,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Meridian Wealth Management LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 2.2% in the third quarter. Meridian Wealth Management LLC now owns 4,602 shares of the company’s stock valued at $476,000 after buying an additional 101 shares in the last quarter. Blue Edge Capital LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.4% during the 3rd quarter. Blue Edge Capital LLC now owns 4,798 shares of the company’s stock worth $496,000 after acquiring an additional 112 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% during the 3rd quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock worth $84,000 after acquiring an additional 112 shares in the last quarter. Gilliland Jeter Wealth Management LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.1% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 10,210 shares of the company’s stock worth $1,055,000 after acquiring an additional 115 shares during the period. Finally, Prospera Financial Services Inc grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% in the 3rd quarter. Prospera Financial Services Inc now owns 9,527 shares of the company’s stock worth $985,000 after acquiring an additional 120 shares during the period.

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

NYSEARCA STIP opened at $103.38 on Monday. The business has a 50 day moving average price of $102.87 and a 200 day moving average price of $103.00. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.67 and a 1-year high of $103.93.

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.