iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Position Raised by Ritholtz Wealth Management

Ritholtz Wealth Management raised its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 11.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,259,063 shares of the company’s stock after purchasing an additional 124,715 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for 4.8% of Ritholtz Wealth Management’s investment portfolio, making the stock its 4th largest holding. Ritholtz Wealth Management’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $124,131,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of STIP. North Star Investment Management Corp. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 153.0% in the 4th quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock valued at $25,000 after buying an additional 153 shares during the last quarter. SkyView Investment Advisors LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 1st quarter valued at $25,000. Farmers & Merchants Investments Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $26,000. Delos Wealth Advisors LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $29,000. Finally, Covestor Ltd purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 1st quarter worth $33,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $99.43 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $96.27 and a 1 year high of $99.66. The company’s fifty day moving average is $98.88 and its two-hundred day moving average is $98.02.

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.