LPL Financial LLC Raises Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

LPL Financial LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,538,970 shares of the company’s stock after buying an additional 75,531 shares during the period. LPL Financial LLC owned 1.90% of iShares 0-5 Year TIPS Bond ETF worth $154,820,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brooklyn FI LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 6,349.4% during the fourth quarter. Brooklyn FI LLC now owns 1,215,009 shares of the company’s stock valued at $122,469,000 after purchasing an additional 1,196,170 shares in the last quarter. 3EDGE Asset Management LP lifted its position 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 valued at $126,905,000 after buying an additional 770,017 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 459,144.4% in the 4th quarter. Assetmark Inc. now owns 578,648 shares of the company’s stock valued at $58,212,000 after buying an additional 578,522 shares in the last quarter. Dynasty Wealth Management LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth approximately $44,239,000. Finally, Raymond James Financial Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $40,443,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $102.79 on Tuesday. The company has a 50 day moving average of $101.92 and a two-hundred day moving average of $101.22. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.53 and a twelve month high of $102.97.

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.