iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Purchased by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 17.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 211,819 shares of the company’s stock after purchasing an additional 31,864 shares during the quarter. Miracle Mile Advisors LLC owned about 0.26% of iShares 0-5 Year TIPS Bond ETF worth $21,061,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in STIP. CWA Asset Management Group LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 7.4% during the 3rd quarter. CWA Asset Management Group LLC now owns 3,031 shares of the company’s stock worth $294,000 after acquiring an additional 210 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in iShares 0-5 Year TIPS Bond ETF by 10.3% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 140,164 shares of the company’s stock worth $13,585,000 after acquiring an additional 13,100 shares during the period. Beaird Harris Wealth Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 6.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 2,586 shares of the company’s stock worth $251,000 after acquiring an additional 156 shares during the period. Delos Wealth Advisors LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $29,000. Finally, Belpointe Asset Management LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 119.2% during the 3rd quarter. Belpointe Asset Management LLC now owns 21,530 shares of the company’s stock valued at $2,087,000 after buying an additional 11,709 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA STIP traded down $0.50 during trading on Monday, reaching $98.99. 242,078 shares of the company traded hands, compared to its average volume of 516,881. The firm’s fifty day simple moving average is $99.19 and its 200 day simple moving average is $98.98. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $96.27 and a 12-month high of $99.57.

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.