Rik Saylor Financial Inc. Buys Shares of 5,517 iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Rik Saylor Financial Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 5,517 shares of the company’s stock, valued at approximately $555,000.

A number of other institutional investors have also modified their holdings of the business. Modera Wealth Management LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% during the third quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock worth $183,551,000 after acquiring an additional 101,437 shares during the last quarter. Ritholtz Wealth Management grew its position in iShares 0-5 Year TIPS Bond ETF by 3.9% in the 4th quarter. Ritholtz Wealth Management now owns 1,572,147 shares of the company’s stock worth $158,158,000 after purchasing an additional 59,199 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after purchasing an additional 201,769 shares during the period. Wealthcare Advisory Partners LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 8.2% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 898,882 shares of the company’s stock valued at $90,428,000 after buying an additional 68,332 shares during the last quarter. Finally, Wealthcare Capital Management LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.2% during the fourth quarter. Wealthcare Capital Management LLC now owns 773,056 shares of the company’s stock worth $77,769,000 after buying an additional 44,924 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP opened at $101.76 on Thursday. The stock’s 50 day moving average price is $100.90 and its 200 day moving average price is $100.70. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.36 and a 12 month high of $101.81.

About iShares 0-5 Year TIPS Bond ETF

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.