Focus Financial Network Inc. Has $884,000 Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Focus Financial Network Inc. increased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 8,547 shares of the company’s stock after buying an additional 389 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $884,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in STIP. Integrated Advisors Network LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 4.3% in the first quarter. Integrated Advisors Network LLC now owns 6,303 shares of the company’s stock valued at $652,000 after buying an additional 262 shares in the last quarter. MADDEN SECURITIES Corp boosted its position in iShares 0-5 Year TIPS Bond ETF by 5.9% in the first quarter. MADDEN SECURITIES Corp now owns 4,395 shares of the company’s stock valued at $455,000 after buying an additional 245 shares in the last quarter. Wealthcare Capital Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 0.3% in the 1st quarter. Wealthcare Capital Management LLC now owns 775,136 shares of the company’s stock valued at $80,203,000 after purchasing an additional 2,080 shares during the last quarter. Wealthcare Advisory Partners LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 3.9% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 933,682 shares of the company’s stock valued at $96,608,000 after purchasing an additional 34,800 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 1,580.8% in the 1st quarter. Farther Finance Advisors LLC now owns 47,885 shares of the company’s stock valued at $4,920,000 after purchasing an additional 45,036 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1%

Shares of STIP opened at $102.17 on Friday. The stock has a fifty day moving average price of $102.57 and a two-hundred day moving average price of $101.93. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.95 and a 52-week high of $103.61.

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.