iShares 0-5 Year TIPS Bond ETF $STIP Stock Position Raised by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 539.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 267,611 shares of the company’s stock after buying an additional 225,775 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $27,540,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of STIP. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 226,878 shares of the company’s stock valued at $23,475,000 after buying an additional 12,766 shares during the last quarter. Affinity Capital Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter valued at about $293,000. Ritholtz Wealth Management grew its position in shares of 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 valued at $183,913,000 after buying an additional 205,304 shares during the last quarter. Arkansas Financial Group Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 10.7% during the 1st quarter. Arkansas Financial Group Inc. now owns 157,354 shares of the company’s stock valued at $16,105,000 after buying an additional 15,160 shares during the last quarter. Finally, CHB Investment Group LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.0% during the 1st quarter. CHB Investment Group LLC now owns 33,611 shares of the company’s stock valued at $3,478,000 after buying an additional 1,610 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1%

Shares of NYSEARCA:STIP opened at $103.32 on Monday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $100.13 and a fifty-two week high of $103.93. The firm has a 50-day simple moving average of $103.35 and a 200 day simple moving average of $102.89.

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.