Cetera Investment Advisers Buys 204,788 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Cetera Investment Advisers grew its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 120.5% in the 1st quarter, Holdings Channel.com reports. The fund owned 374,766 shares of the company’s stock after buying an additional 204,788 shares during the period. Cetera Investment Advisers’ holdings in iShares 0-5 Year TIPS Bond ETF were worth $37,263,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Atria Investments Inc boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 4.6% in the first quarter. Atria Investments Inc now owns 33,363 shares of the company’s stock worth $3,317,000 after acquiring an additional 1,470 shares in the last quarter. Independent Wealth Network Inc. raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 6.0% in the first quarter. Independent Wealth Network Inc. now owns 14,436 shares of the company’s stock worth $1,435,000 after purchasing an additional 816 shares during the last quarter. Wilshire Advisors LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 7.3% in the first quarter. Wilshire Advisors LLC now owns 213,800 shares of the company’s stock worth $21,258,000 after purchasing an additional 14,597 shares during the last quarter. Comerica Bank raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 18.5% in the first quarter. Comerica Bank now owns 9,780 shares of the company’s stock worth $972,000 after purchasing an additional 1,528 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 760.6% in the first quarter. Jane Street Group LLC now owns 216,701 shares of the company’s stock worth $21,547,000 after purchasing an additional 191,521 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $100.01 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $96.27 and a 52-week high of $100.10. The business has a 50-day moving average price of $99.34 and a 200-day moving average price of $99.14.

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.