Leavell Investment Management Inc. Grows Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Leavell Investment Management Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 17.5% during the third quarter, Holdings Channel reports. The institutional investor owned 57,930 shares of the company’s stock after purchasing an additional 8,613 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $5,869,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in STIP. Modera Wealth Management LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 5.9% in the 3rd quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock valued at $183,551,000 after acquiring an additional 101,437 shares during the period. Ritholtz Wealth Management lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% during the 3rd quarter. Ritholtz Wealth Management now owns 1,512,948 shares of the company’s stock valued at $153,292,000 after buying an additional 84,443 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 6.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 807,384 shares of the company’s stock worth $80,327,000 after buying an additional 47,113 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 19.6% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 716,221 shares of the company’s stock valued at $71,214,000 after acquiring an additional 117,423 shares during the period. Finally, Destination Wealth Management lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% during the second quarter. Destination Wealth Management now owns 688,194 shares of the company’s stock worth $68,468,000 after acquiring an additional 12,497 shares in the last quarter.

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

iShares 0-5 Year TIPS Bond ETF stock opened at $100.84 on Friday. iShares 0-5 Year TIPS Bond ETF has a one year low of $96.84 and a one year high of $101.52. The business has a fifty day moving average price of $100.92 and a 200-day moving average price of $99.97.

iShares 0-5 Year TIPS Bond ETF 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.