Bay Harbor Wealth Management LLC Acquires New Shares in iShares 0-5 Year TIPS Bond ETF $STIP

Bay Harbor Wealth Management LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,090 shares of the company’s stock, valued at approximately $1,141,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in STIP. Maseco LLP bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at about $64,472,000. Dynasty Wealth Management LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 115.2% in the first quarter. Dynasty Wealth Management LLC now owns 946,182 shares of the company’s stock valued at $97,901,000 after acquiring an additional 506,435 shares in the last quarter. Quotient Wealth Partners LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 108.5% in the first quarter. Quotient Wealth Partners LLC now owns 904,284 shares of the company’s stock valued at $93,566,000 after acquiring an additional 470,472 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 valued at $102,951,000 after acquiring an additional 340,117 shares in the last quarter. Finally, World Investment Advisors bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the first quarter valued at about $31,924,000.

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

STIP opened at $103.15 on Friday. The business’s 50-day moving average is $103.31 and its two-hundred day moving average is $102.88. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.13 and a 1 year 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.