Sowell Financial Services LLC Acquires 1,286 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Sowell Financial Services LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 11.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,096 shares of the company’s stock after buying an additional 1,286 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,252,000 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 business. FMR LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 9.7% during the 4th quarter. FMR LLC now owns 3,308,805 shares of the company’s stock worth $332,866,000 after buying an additional 293,457 shares in the last quarter. Modera Wealth Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 4.6% during the 4th quarter. Modera Wealth Management LLC now owns 1,894,273 shares of the company’s stock worth $190,564,000 after buying an additional 82,678 shares in the last quarter. Ritholtz Wealth Management lifted its position in iShares 0-5 Year TIPS Bond ETF by 13.1% during the 1st quarter. Ritholtz Wealth Management now owns 1,777,451 shares of the company’s stock worth $183,913,000 after buying an additional 205,304 shares in the last quarter. LPL Financial LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 5.2% during the 4th quarter. LPL Financial LLC now owns 1,538,970 shares of the company’s stock worth $154,820,000 after buying an additional 75,531 shares in the last quarter. Finally, 3EDGE Asset Management LP lifted its position in iShares 0-5 Year TIPS Bond ETF by 156.7% during the 4th 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 in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $102.39 on Wednesday. The company’s 50-day moving average price is $102.54 and its two-hundred day moving average price is $101.96. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.95 and a one year high of $103.61.

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.