Stokes Family Office LLC Buys New Position in iShares 0-5 Year TIPS Bond ETF $STIP

Stokes Family Office LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 5,439 shares of the company’s stock, valued at approximately $560,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 356.2% during the second quarter. Envestnet Asset Management Inc. now owns 3,245,078 shares of the company’s stock worth $333,946,000 after purchasing an additional 2,533,763 shares in the last quarter. Modera Wealth Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 3.6% during the 2nd quarter. Modera Wealth Management LLC now owns 2,027,657 shares of the company’s stock valued at $208,666,000 after purchasing an additional 70,170 shares during the period. Ritholtz Wealth Management raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 13.9% in the 2nd quarter. Ritholtz Wealth Management now owns 2,024,720 shares of the company’s stock worth $208,364,000 after buying an additional 247,269 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 4.3% in the first quarter. LPL Financial LLC now owns 1,604,696 shares of the company’s stock valued at $166,038,000 after buying an additional 65,726 shares during the period. Finally, 3EDGE Asset Management LP boosted its stake in iShares 0-5 Year TIPS Bond ETF by 2.1% during the second quarter. 3EDGE Asset Management LP now owns 1,116,519 shares of the company’s stock valued at $114,885,000 after buying an additional 23,082 shares in the last quarter.

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

NYSEARCA:STIP opened at $102.88 on Friday. The business’s 50-day moving average price is $103.35 and its 200 day moving average price is $102.96. 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 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.