Austin Asset Management Co Inc Raises Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Austin Asset Management Co Inc boosted its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 277,397 shares of the company’s stock after buying an additional 8,968 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for 5.8% of Austin Asset Management Co Inc’s portfolio, making the stock its 5th biggest holding. Austin Asset Management Co Inc owned about 0.34% of iShares 0-5 Year TIPS Bond ETF worth $27,906,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of STIP. LPL Financial LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 16.0% during the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after acquiring an additional 201,769 shares during the period. Victory Capital Management Inc. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 57.1% during the 3rd quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock valued at $37,490,000 after purchasing an additional 134,440 shares in the last quarter. Modera Wealth Management LLC grew its stake in shares of 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 worth $183,551,000 after purchasing an additional 101,437 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after purchasing an additional 99,455 shares in the last quarter. Finally, Ritholtz Wealth Management lifted its stake in iShares 0-5 Year TIPS Bond ETF by 5.9% during the third quarter. Ritholtz Wealth Management now owns 1,512,948 shares of the company’s stock valued at $153,292,000 after purchasing an additional 84,443 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $101.56 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.36 and a 1-year high of $101.81. The company has a 50 day moving average price of $100.92 and a 200 day moving average price of $100.72.

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.