Maridea Wealth Management LLC Acquires New Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Maridea Wealth Management LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,128 shares of the company’s stock, valued at approximately $219,000.

A number of other large investors also recently modified their holdings of STIP. Northern Trust Corp purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $451,000. Mackenzie Financial Corp raised its position in iShares 0-5 Year TIPS Bond ETF by 14.7% during the 4th quarter. Mackenzie Financial Corp now owns 53,000 shares of the company’s stock valued at $5,332,000 after purchasing an additional 6,800 shares during the last quarter. NorthCrest Asset Manangement LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 3.6% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 60,139 shares of the company’s stock valued at $6,050,000 after purchasing an additional 2,070 shares during the last quarter. Avant Financial Advisors LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at approximately $499,000. Finally, Spartan Planning & Wealth Management bought a new position in iShares 0-5 Year TIPS Bond ETF during the 1st quarter valued at approximately $6,136,000.

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

STIP stock opened at $103.30 on Friday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $100.13 and a fifty-two week high of $103.93. The business’s 50 day moving average price is $103.27 and its two-hundred day moving average price is $102.85.

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.