Financial Engines Advisors L.L.C. Takes $1.90 Million Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Financial Engines Advisors L.L.C. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 18,864 shares of the company’s stock, valued at approximately $1,898,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. CreativeOne Wealth LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 16.2% in the 3rd quarter. CreativeOne Wealth LLC now owns 30,443 shares of the company’s stock worth $3,084,000 after buying an additional 4,234 shares during the last quarter. Edgestream Partners L.P. purchased a new position in iShares 0-5 Year TIPS Bond ETF in the third quarter worth about $1,051,000. HighTower Advisors LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 14.0% during the third quarter. HighTower Advisors LLC now owns 240,797 shares of the company’s stock valued at $24,392,000 after buying an additional 29,579 shares during the period. Integrated Wealth Concepts LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock valued at $20,190,000 after acquiring an additional 99,455 shares during the period. Finally, IHT Wealth Management LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 79.3% during the third quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock valued at $1,615,000 after purchasing an additional 7,048 shares during the period.

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

NYSEARCA STIP opened at $102.92 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.53 and a 52 week high of $102.97. The stock’s 50-day moving average price is $102.00 and its 200-day moving average price is $101.25.

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.