Cetera Investment Advisers Raises Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Cetera Investment Advisers increased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 0.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 371,884 shares of the company’s stock after buying an additional 624 shares during the period. Cetera Investment Advisers owned 0.46% of iShares 0-5 Year TIPS Bond ETF worth $37,412,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cary Street Partners Financial LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at approximately $367,000. Chapman Financial Group LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth $33,000. Brown Wealth Management LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% in the 4th quarter. Brown Wealth Management LLC now owns 16,321 shares of the company’s stock worth $1,642,000 after buying an additional 910 shares during the last quarter. Baird Financial Group Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.2% during the 4th quarter. Baird Financial Group Inc. now owns 57,199 shares of the company’s stock valued at $5,754,000 after buying an additional 1,240 shares in the last quarter. Finally, Beaumont Capital Management LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $2,800,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA STIP opened at $102.72 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.84 and a 1-year high of $103.61. The business’s 50 day moving average is $102.78 and its two-hundred day moving average is $101.64.

iShares 0-5 Year TIPS Bond ETF 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.