LVW Advisors LLC Has $41.82 Million Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

LVW Advisors LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 408,434 shares of the company’s stock after buying an additional 6,519 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises approximately 4.2% of LVW Advisors LLC’s holdings, making the stock its 5th largest position. LVW Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $41,820,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. J.W. Cole Advisors Inc. boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.1% in the second quarter. J.W. Cole Advisors Inc. now owns 11,640 shares of the company’s stock valued at $1,198,000 after acquiring an additional 132 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF during the second quarter worth approximately $607,000. Northwestern Mutual Wealth Management Co. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 44.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 197,084 shares of the company’s stock worth $20,282,000 after purchasing an additional 61,029 shares in the last quarter. Level Four Advisory Services LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 35.5% in the second quarter. Level Four Advisory Services LLC now owns 4,292 shares of the company’s stock worth $442,000 after purchasing an additional 1,124 shares during the period. Finally, Quadrature Capital Ltd acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter worth approximately $6,365,000.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.2%

Shares of NYSEARCA STIP opened at $103.12 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.67 and a 1 year high of $103.93. The stock has a fifty day moving average price of $103.03 and a two-hundred day moving average price of $102.98.

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.