Kwmg LLC Increases Position in iShares 0-5 Year TIPS Bond ETF $STIP

Kwmg LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 180,141 shares of the company’s stock after purchasing an additional 6,182 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for about 1.3% of Kwmg LLC’s holdings, making the stock its 23rd largest holding. Kwmg LLC owned 0.12% of iShares 0-5 Year TIPS Bond ETF worth $18,403,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of STIP. Modera Wealth Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 7.2% in the first quarter. Modera Wealth Management LLC now owns 2,442,854 shares of the company’s stock valued at $252,664,000 after buying an additional 163,586 shares in the last quarter. Ritholtz Wealth Management lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.8% during the 1st quarter. Ritholtz Wealth Management now owns 2,409,803 shares of the company’s stock valued at $249,246,000 after buying an additional 153,948 shares in the last quarter. Bank of America Corp DE lifted its position in shares of 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 valued at $181,423,000 after buying an additional 140,223 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp grew its stake in iShares 0-5 Year TIPS Bond ETF by 113.7% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock valued at $161,371,000 after acquiring an additional 830,200 shares during the period. Finally, O Shaughnessy Asset Management LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 4.1% in 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 acquiring an additional 43,725 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA STIP opened at $100.69 on Friday. The firm has a fifty day moving average of $101.64 and a 200 day moving average of $102.71. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.53 and a one year high of $104.16.

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.