Collaborative Wealth Managment Inc. Increases Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Collaborative Wealth Managment Inc. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 78.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,826 shares of the company’s stock after buying an additional 14,417 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for about 1.2% of Collaborative Wealth Managment Inc.’s holdings, making the stock its 19th largest holding. Collaborative Wealth Managment Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,361,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Kestra Investment Management LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 13.2% during the 4th quarter. Kestra Investment Management LLC now owns 206,700 shares of the company’s stock worth $21,164,000 after buying an additional 24,177 shares during the last quarter. Cary Street Partners Financial LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 22.2% during the fourth quarter. Cary Street Partners Financial LLC now owns 3,266 shares of the company’s stock worth $334,000 after purchasing an additional 593 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth about $1,968,000. Coldstream Capital Management Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 871.0% during the fourth quarter. Coldstream Capital Management Inc. now owns 222,052 shares of the company’s stock worth $22,736,000 after purchasing an additional 199,184 shares in the last quarter. Finally, Evoke Wealth LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 9.3% during the fourth quarter. Evoke Wealth LLC now owns 255,665 shares of the company’s stock worth $26,178,000 after purchasing an additional 21,762 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP opened at $103.28 on Tuesday. The business’s 50-day simple moving average is $103.52 and its 200-day simple moving average is $103.04. iShares 0-5 Year TIPS Bond ETF has a one year low of $101.98 and a one year high of $104.16.

About iShares 0-5 Year TIPS Bond ETF

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.