ProVise Management Group LLC Increases Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

ProVise Management Group LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 171,938 shares of the company’s stock after buying an additional 9,387 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises approximately 1.5% of ProVise Management Group LLC’s investment portfolio, making the stock its 19th largest holding. ProVise Management Group LLC owned approximately 0.21% of iShares 0-5 Year TIPS Bond ETF worth $17,106,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Austin Asset Management Co Inc lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.9% during the 2nd quarter. Austin Asset Management Co Inc now owns 266,947 shares of the company’s stock valued at $26,559,000 after buying an additional 7,407 shares in the last quarter. Blair William & Co. IL lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.3% during the 2nd quarter. Blair William & Co. IL now owns 64,236 shares of the company’s stock valued at $6,391,000 after buying an additional 2,668 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.2% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 807,384 shares of the company’s stock valued at $80,327,000 after buying an additional 47,113 shares in the last quarter. RPg Family Wealth Advisory LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 13.6% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 9,294 shares of the company’s stock valued at $925,000 after buying an additional 1,113 shares in the last quarter. Finally, Fairway Wealth LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 64.9% during the 2nd quarter. Fairway Wealth LLC now owns 14,892 shares of the company’s stock valued at $1,482,000 after buying an additional 5,862 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.1 %

Shares of NYSEARCA:STIP opened at $101.10 on Thursday. The business’s 50 day moving average price is $100.11 and its 200-day moving average price is $99.53. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $96.27 and a 1 year high of $101.34.

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.