NewEdge Advisors LLC Has $29.55 Million Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

NewEdge Advisors LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 60.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 285,672 shares of the company’s stock after purchasing an additional 107,903 shares during the period. NewEdge Advisors LLC owned about 0.20% of iShares 0-5 Year TIPS Bond ETF worth $29,547,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Modera Wealth Management LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 7.2% during the first quarter. Modera Wealth Management LLC now owns 2,442,854 shares of the company’s stock worth $252,664,000 after buying an additional 163,586 shares in the last quarter. Ritholtz Wealth Management boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6.8% in the 1st quarter. Ritholtz Wealth Management now owns 2,409,803 shares of the company’s stock worth $249,246,000 after acquiring an additional 153,948 shares in the last quarter. Bank of America Corp DE grew its position in iShares 0-5 Year TIPS Bond ETF by 8.7% during the 3rd quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock worth $181,423,000 after acquiring an additional 140,223 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp grew its position in iShares 0-5 Year TIPS Bond ETF by 113.7% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock worth $161,371,000 after acquiring an additional 830,200 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 4.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,119,136 shares of the company’s stock valued at $114,588,000 after purchasing an additional 43,725 shares in the last quarter.

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

Shares of STIP opened at $100.69 on Friday. The stock has a fifty day moving average price of $101.64 and a two-hundred day moving average price of $102.71. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $100.53 and a 52-week 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.