Wealth Alliance LLC Makes New $446,000 Investment in iShares 0-5 Year TIPS Bond ETF $STIP

Wealth Alliance LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 2nd quarter, Holdings Channel reports. The fund purchased 4,334 shares of the company’s stock, valued at approximately $446,000.

Several other large investors have also modified their holdings of the business. Envestnet Asset Management Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 356.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,245,078 shares of the company’s stock worth $333,946,000 after purchasing an additional 2,533,763 shares during the last quarter. Maseco LLP purchased a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter worth $64,472,000. Dynasty Wealth Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 115.2% during the first quarter. Dynasty Wealth Management LLC now owns 946,182 shares of the company’s stock worth $97,901,000 after buying an additional 506,435 shares in the last quarter. Partners Capital Investment Group LLP raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 51.9% in the first quarter. Partners Capital Investment Group LLP now owns 994,985 shares of the company’s stock worth $102,951,000 after acquiring an additional 340,117 shares during the last quarter. Finally, Assetmark Inc. lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 47.8% in the first quarter. Assetmark Inc. now owns 855,388 shares of the company’s stock valued at $88,507,000 after acquiring an additional 276,740 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.0%

STIP opened at $102.88 on Friday. The business’s fifty day simple moving average is $103.30 and its 200 day simple moving average is $102.95. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $100.13 and a 52 week high of $103.93.

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.