HBK Sorce Advisory LLC Takes $773,000 Position in iShares 0-5 Year TIPS Bond ETF $STIP

HBK Sorce Advisory LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 7,490 shares of the company’s stock, valued at approximately $773,000.

A number of other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in shares of 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 lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 3.6% during the second quarter. Modera Wealth Management LLC now owns 2,027,657 shares of the company’s stock worth $208,666,000 after acquiring an additional 70,170 shares in the last quarter. Ritholtz Wealth Management lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 13.9% during the second quarter. Ritholtz Wealth Management now owns 2,024,720 shares of the company’s stock worth $208,364,000 after acquiring an additional 247,269 shares in the last quarter. Bank of America Corp DE grew its stake in iShares 0-5 Year TIPS Bond ETF by 71.1% in the second 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. grew its stake in iShares 0-5 Year TIPS Bond ETF by 34.1% in the second quarter. JPMorgan Chase & Co. now owns 1,543,492 shares of the company’s stock valued at $158,841,000 after acquiring an additional 392,850 shares during the period.

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

NYSEARCA STIP opened at $102.31 on Thursday. The stock’s 50-day moving average is $102.91 and its 200-day moving average is $102.99. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.34 and a one year 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.