iShares 0-5 Year TIPS Bond ETF $STIP Position Boosted by Financial Gravity Asset Management Inc.

Financial Gravity Asset Management Inc. lifted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 8.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 180,432 shares of the company’s stock after buying an additional 14,600 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up approximately 3.5% of Financial Gravity Asset Management Inc.’s portfolio, making the stock its 5th biggest holding. Financial Gravity Asset Management Inc. owned 0.14% of iShares 0-5 Year TIPS Bond ETF worth $18,474,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of STIP. EverSource Wealth Advisors LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 39.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock worth $45,000 after buying an additional 123 shares during the last quarter. State Street Corp boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% in the 2nd quarter. State Street Corp now owns 641,945 shares of the company’s stock worth $66,063,000 after buying an additional 3,063 shares during the last quarter. Vivaldi Capital Management LP purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth approximately $285,000. Diversify Advisory Services LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 14.6% in the 2nd quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock worth $669,000 after buying an additional 830 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 24.8% in the 2nd quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock worth $62,760,000 after buying an additional 121,311 shares during the last quarter.

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

NYSEARCA:STIP opened at $102.38 on Friday. The firm’s 50 day moving average is $103.36 and its 200 day moving average is $103.03. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $102.12 and a 12 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.