Western Wealth Management LLC Purchases 501 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Western Wealth Management LLC boosted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 15.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,849 shares of the company’s stock after buying an additional 501 shares during the period. Western Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $396,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. LGT Financial Advisors LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at about $26,000. HHM Wealth Advisors LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter worth approximately $28,000. Cape Investment Advisory Inc. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the first quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock valued at $37,000 after acquiring an additional 353 shares during the period. Smartleaf Asset Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 7,780.0% in the first quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock valued at $41,000 after acquiring an additional 389 shares during the period. Finally, Quaker Wealth Management LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock worth $43,000 after purchasing an additional 840 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $102.88 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $100.13 and a 52 week high of $103.93. The business has a 50 day moving average of $103.26 and a 200 day moving average of $102.94.

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.