Avidian Wealth Enterprises LLC Buys Shares of 3,299 iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Avidian Wealth Enterprises LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 4th quarter, Holdings Channel.com reports. The fund bought 3,299 shares of the company’s stock, valued at approximately $332,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. LPL Financial LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after purchasing an additional 201,769 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 57.1% in the 3rd quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock worth $37,490,000 after purchasing an additional 134,440 shares in the last quarter. Modera Wealth Management LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% in the 3rd quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock worth $183,551,000 after purchasing an additional 101,437 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after purchasing an additional 99,455 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 8.2% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 898,882 shares of the company’s stock worth $90,428,000 after purchasing an additional 68,332 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $101.66 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.49 and a 1-year high of $101.81. The business has a fifty day moving average price of $100.98 and a 200-day moving average price of $100.78.

iShares 0-5 Year TIPS Bond ETF Company 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.