Focus Partners Advisor Solutions LLC Has $1.38 Million Position in iShares 0-5 Year TIPS Bond ETF $STIP

Focus Partners Advisor Solutions LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,444 shares of the company’s stock after purchasing an additional 129 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,384,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. LGT Financial Advisors LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at $26,000. HHM Wealth Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter worth $28,000. Cape Investment Advisory Inc. raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 35,300.0% during the 1st quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock worth $37,000 after purchasing an additional 353 shares during the period. Capital Investment Advisory Services LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 34.0% during the 1st quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock worth $40,000 after purchasing an additional 97 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 7,780.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock worth $41,000 after purchasing an additional 389 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.1%

NYSEARCA STIP opened at $103.42 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.13 and a one year high of $103.93. The business’s fifty day moving average is $103.44 and its 200-day moving average is $102.93.

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.