Collaborative Wealth Managment Inc. Has $13.70 Million Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Collaborative Wealth Managment Inc. boosted its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 303.6% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 132,483 shares of the company’s stock after buying an additional 99,657 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 6.3% of Collaborative Wealth Managment Inc.’s holdings, making the stock its 3rd largest holding. Collaborative Wealth Managment Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $13,703,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Ritholtz Wealth Management grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6.8% during the 1st quarter. Ritholtz Wealth Management now owns 2,409,803 shares of the company’s stock worth $249,246,000 after acquiring an additional 153,948 shares during the period. Modera Wealth Management LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 6.7% in the 4th quarter. Modera Wealth Management LLC now owns 2,279,268 shares of the company’s stock valued at $233,374,000 after purchasing an additional 142,348 shares during the period. Bank of America Corp DE lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 8.7% in the 3rd quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock valued at $181,423,000 after purchasing an additional 140,223 shares during the period. Wealthcare Advisory Partners LLC lifted its stake 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 valued at $117,595,000 after purchasing an additional 86,535 shares during the period. Finally, O Shaughnessy Asset Management LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,119,136 shares of the company’s stock valued at $114,588,000 after purchasing an additional 43,725 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1%

Shares of STIP stock opened at $101.36 on Thursday. The business’s fifty day moving average is $102.46 and its 200 day moving average is $102.87. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $101.11 and a twelve month high of $104.16.

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.