Cobblestone Asset Management LLC Purchases New Shares in iShares 0-5 Year TIPS Bond ETF $STIP

Cobblestone Asset Management LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 7,239 shares of the company’s stock, valued at approximately $745,000.

Several other institutional investors have also added to or reduced their stakes in STIP. Dynasty Wealth Management LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 115.2% in the 1st quarter. Dynasty Wealth Management LLC now owns 946,182 shares of the company’s stock valued at $97,901,000 after purchasing an additional 506,435 shares during the period. Quotient Wealth Partners LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 108.5% during the 1st quarter. Quotient Wealth Partners LLC now owns 904,284 shares of the company’s stock worth $93,566,000 after purchasing an additional 470,472 shares in the last quarter. Partners Capital Investment Group LLP grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 51.9% during the 1st quarter. Partners Capital Investment Group LLP now owns 994,985 shares of the company’s stock worth $102,951,000 after purchasing an additional 340,117 shares in the last quarter. World Investment Advisors bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the first quarter worth $31,924,000. Finally, Assetmark Inc. raised its stake in iShares 0-5 Year TIPS Bond ETF by 47.8% in the first quarter. Assetmark Inc. now owns 855,388 shares of the company’s stock valued at $88,507,000 after purchasing an additional 276,740 shares in the last quarter.

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

STIP stock opened at $103.48 on Monday. The business has a 50-day simple moving average of $103.22 and a 200 day simple moving average of $102.83. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $100.13 and a 52 week high of $103.93.

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.