Orion Porfolio Solutions LLC Boosts Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Orion Porfolio Solutions LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 25.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 124,132 shares of the company’s stock after buying an additional 24,941 shares during the period. Orion Porfolio Solutions LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $12,774,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 356.2% in the 2nd 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 during the period. Modera Wealth Management LLC lifted 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 buying an additional 70,170 shares in the last quarter. Ritholtz Wealth Management grew its stake in 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 valued at $208,364,000 after acquiring an additional 247,269 shares during the period. Bank of America Corp DE grew its stake in iShares 0-5 Year TIPS Bond ETF by 71.1% in the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after acquiring an additional 671,145 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in iShares 0-5 Year TIPS Bond ETF by 34.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,543,492 shares of the company’s stock worth $158,841,000 after acquiring an additional 392,850 shares in the last quarter.

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

Shares of NYSEARCA STIP opened at $102.64 on Monday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $100.13 and a 52-week high of $103.93. The company’s 50-day simple moving average is $103.05 and its 200-day simple moving average is $102.99.

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.