Kovitz Investment Group Partners LLC Buys 26,859 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Kovitz Investment Group Partners LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 51.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 79,493 shares of the company’s stock after buying an additional 26,859 shares during the period. Kovitz Investment Group Partners LLC owned approximately 0.06% of iShares 0-5 Year TIPS Bond ETF worth $8,139,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Modera Wealth Management LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 6.7% during the fourth quarter. Modera Wealth Management LLC now owns 2,279,268 shares of the company’s stock worth $233,374,000 after buying an additional 142,348 shares during the period. Ritholtz Wealth Management raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.1% in the fourth quarter. Ritholtz Wealth Management now owns 2,255,855 shares of the company’s stock valued at $230,977,000 after acquiring an additional 109,416 shares during the period. Bank of America Corp DE raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 8.7% in the third quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock valued at $181,423,000 after acquiring an additional 140,223 shares during the period. Wealthcare Advisory Partners LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 8.1% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 1,148,502 shares of the company’s stock worth $117,595,000 after acquiring an additional 86,535 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 4.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,119,136 shares of the company’s stock worth $114,588,000 after acquiring an additional 43,725 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.2%

STIP stock opened at $102.06 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.84 and a 12 month high of $104.16. The company has a 50-day moving average price of $103.27 and a 200 day moving average price of $103.00.

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.