Discipline Wealth Solutions LLC Increases Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

Discipline Wealth Solutions LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 95,783 shares of the company’s stock after acquiring an additional 6,741 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up 1.8% of Discipline Wealth Solutions LLC’s holdings, making the stock its 17th biggest holding. Discipline Wealth Solutions LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $9,807,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in STIP. Bank of America Corp DE raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 71.1% during the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after buying an additional 671,145 shares in the last quarter. Amplius Wealth Advisors LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 17,600.5% during the 3rd quarter. Amplius Wealth Advisors LLC now owns 469,418 shares of the company’s stock valued at $48,519,000 after buying an additional 466,766 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 155.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock valued at $51,995,000 after buying an additional 305,961 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 66.1% during the 4th quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock valued at $75,618,000 after buying an additional 293,986 shares in the last quarter. Finally, Miracle Mile Advisors LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 6,120.7% during the 3rd quarter. Miracle Mile Advisors LLC now owns 294,301 shares of the company’s stock valued at $30,419,000 after buying an additional 289,570 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA STIP opened at $103.65 on Thursday. The firm’s 50-day moving average price is $103.23 and its 200-day moving average price is $102.98. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.98 and a 12-month 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.