Modera Wealth Management LLC Has $190.56 Million Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Modera Wealth Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,894,273 shares of the company’s stock after buying an additional 82,678 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 2.3% of Modera Wealth Management LLC’s investment portfolio, making the stock its 9th largest holding. Modera Wealth Management LLC owned 2.34% of iShares 0-5 Year TIPS Bond ETF worth $190,564,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. 3EDGE Asset Management LP lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 156.7% during the fourth quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock worth $126,905,000 after buying an additional 770,017 shares during the last quarter. Dynasty Wealth Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $44,239,000. Flputnam Investment Management Co. lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 55.4% during the fourth quarter. Flputnam Investment Management Co. now owns 705,873 shares of the company’s stock valued at $71,011,000 after acquiring an additional 251,606 shares during the period. LPL Financial LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after buying an additional 201,769 shares during the period. Finally, Jacobson & Schmitt Advisors LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $17,578,000.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.3 %

Shares of STIP opened at $102.72 on Friday. The stock has a 50 day simple moving average of $101.27 and a 200 day simple moving average of $100.95. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.53 and a 52-week high of $102.72.

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.