iShares 0-5 Year TIPS Bond ETF $STIP Stock: Sax Wealth Advisors LLC Grows Stake

Sax Wealth Advisors LLC raised its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 18.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 88,260 shares of the company’s stock after purchasing an additional 13,939 shares during the period. Sax Wealth Advisors LLC owned approximately 0.05% of iShares 0-5 Year TIPS Bond ETF worth $8,800,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Beacon Financial Strategies CORP bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at about $38,000. Retirement Wealth Solutions LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 197.6% in the second quarter. Retirement Wealth Solutions LLC now owns 372 shares of the company’s stock valued at $38,000 after buying an additional 247 shares during the period. Signature Resources Capital Management LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 43.0% in the 1st quarter. Signature Resources Capital Management LLC now owns 941 shares of the company’s stock valued at $97,000 after acquiring an additional 283 shares in the last quarter. JFS Wealth Advisors LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 6,393.8% during the second quarter. JFS Wealth Advisors LLC now owns 1,039 shares of the company’s stock worth $106,000 after purchasing an additional 1,023 shares during the period. Finally, Horizons Wealth Management bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth approximately $106,000.

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

Shares of STIP stock traded down $0.08 during trading hours on Tuesday, reaching $100.10. The company’s stock had a trading volume of 521,731 shares, compared to its average volume of 1,174,841. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $99.56 and a fifty-two week high of $104.16. The firm’s 50 day simple moving average is $100.42 and its 200-day simple moving average is $101.86.

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.