Quotient Wealth Partners LLC Raises Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Quotient Wealth Partners LLC increased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 984,113 shares of the company’s stock after purchasing an additional 55,973 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for about 2.8% of Quotient Wealth Partners LLC’s holdings, making the stock its 13th biggest position. Quotient Wealth Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $101,718,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF by 21.5% during the first quarter. Raymond James Financial Inc. now owns 488,546 shares of the company’s stock worth $50,550,000 after purchasing an additional 86,525 shares during the period. Capital Analysts LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 24.0% in the first quarter. Capital Analysts LLC now owns 1,631 shares of the company’s stock valued at $169,000 after purchasing an additional 316 shares during the period. Summit Financial LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 16.9% during the 1st quarter. Summit Financial LLC now owns 6,048 shares of the company’s stock valued at $626,000 after buying an additional 873 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 11.4% in the 1st quarter. Ameriprise Financial Inc. now owns 585,501 shares of the company’s stock worth $60,578,000 after buying an additional 59,857 shares during the period. Finally, Haverford Trust Co boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 3.0% in the 1st quarter. Haverford Trust Co now owns 610,484 shares of the company’s stock worth $63,167,000 after buying an additional 17,695 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP stock opened at $102.32 on Friday. The company’s fifty day simple moving average is $102.98 and its two-hundred day simple moving average is $102.99. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.29 and a 1 year 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.