iShares 0-5 Year TIPS Bond ETF $STIP Stake Boosted by MAI Capital Management

MAI Capital Management lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 225,729 shares of the company’s stock after buying an additional 9,566 shares during the period. MAI Capital Management owned 0.18% of iShares 0-5 Year TIPS Bond ETF worth $23,331,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of STIP. Envestnet Asset Management Inc. raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.3% during the third quarter. Envestnet Asset Management Inc. now owns 3,319,880 shares of the company’s stock valued at $343,143,000 after buying an additional 74,802 shares during the last quarter. Ritholtz Wealth Management boosted its position in iShares 0-5 Year TIPS Bond ETF by 6.0% during the 3rd quarter. Ritholtz Wealth Management now owns 2,146,439 shares of the company’s stock worth $221,856,000 after acquiring an additional 121,719 shares during the period. Modera Wealth Management LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.4% in the third quarter. Modera Wealth Management LLC now owns 2,136,920 shares of the company’s stock worth $220,872,000 after purchasing an additional 109,263 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 71.1% during the second quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after purchasing an additional 671,145 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 34.1% during the second quarter. JPMorgan Chase & Co. now owns 1,543,492 shares of the company’s stock valued at $158,841,000 after purchasing an additional 392,850 shares during the period.

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

Shares of STIP opened at $103.00 on Wednesday. The firm has a 50-day moving average price of $102.64 and a 200 day moving average price of $103.00. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.67 and a 52-week high of $103.93.

iShares 0-5 Year TIPS Bond ETF Company 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.