IFP Advisors Inc Has $6.85 Million Stake in iShares 0-5 Year TIPS Bond ETF $STIP

IFP Advisors Inc boosted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 8.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 67,008 shares of the company’s stock after purchasing an additional 5,209 shares during the period. IFP Advisors Inc’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $6,846,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 39.3% in the second quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock valued at $45,000 after purchasing an additional 123 shares in the last quarter. State Street Corp grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% during the second quarter. State Street Corp now owns 641,945 shares of the company’s stock valued at $66,063,000 after buying an additional 3,063 shares in the last quarter. Vivaldi Capital Management LP purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at $285,000. Diversify Advisory Services LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 14.6% during the second quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock valued at $669,000 after buying an additional 830 shares during the period. Finally, Raymond James Financial Inc. raised its position in iShares 0-5 Year TIPS Bond ETF by 24.8% during the second quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock valued at $62,760,000 after buying an additional 121,311 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $100.79 on Thursday. The stock has a 50-day moving average price of $101.01 and a 200 day moving average price of $102.39. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.53 and a 1 year 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.