Successful Portfolios LLC Has $1.57 Million Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Successful Portfolios LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 0.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,244 shares of the company’s stock after buying an additional 121 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for about 1.0% of Successful Portfolios LLC’s portfolio, making the stock its 26th biggest holding. Successful Portfolios LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,569,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in STIP. Maseco LLP acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at approximately $64,472,000. Dynasty Wealth Management LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 115.2% during the 1st quarter. Dynasty Wealth Management LLC now owns 946,182 shares of the company’s stock worth $97,901,000 after purchasing an additional 506,435 shares during the last quarter. Quotient Wealth Partners LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 108.5% during the 1st quarter. Quotient Wealth Partners LLC now owns 904,284 shares of the company’s stock worth $93,566,000 after purchasing an additional 470,472 shares during the last quarter. Partners Capital Investment Group LLP lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 51.9% during the 1st quarter. Partners Capital Investment Group LLP now owns 994,985 shares of the company’s stock worth $102,951,000 after purchasing an additional 340,117 shares during the last quarter. Finally, World Investment Advisors acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 1st quarter worth approximately $31,924,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA:STIP opened at $103.15 on Friday. The stock has a 50 day simple moving average of $103.31 and a 200 day simple moving average of $102.88. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $100.13 and a 1-year high of $103.93.

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.