Cerity Partners LLC Has $51.73 Million Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Cerity Partners LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 515,972 shares of the company’s stock after purchasing an additional 33,568 shares during the period. Cerity Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $51,733,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of STIP. FMR LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 9.7% in the fourth quarter. FMR LLC now owns 3,308,805 shares of the company’s stock valued at $332,866,000 after buying an additional 293,457 shares during the period. Modera Wealth Management LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 4.6% in the fourth quarter. Modera Wealth Management LLC now owns 1,894,273 shares of the company’s stock valued at $190,564,000 after acquiring an additional 82,678 shares during the last quarter. Ritholtz Wealth Management increased its position in iShares 0-5 Year TIPS Bond ETF by 3.9% during the 4th quarter. Ritholtz Wealth Management now owns 1,572,147 shares of the company’s stock valued at $158,158,000 after purchasing an additional 59,199 shares during the period. LPL Financial LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 5.2% during the 4th quarter. LPL Financial LLC now owns 1,538,970 shares of the company’s stock worth $154,820,000 after purchasing an additional 75,531 shares during the last quarter. Finally, 3EDGE Asset Management LP lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 156.7% in the 4th quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock worth $126,905,000 after purchasing an additional 770,017 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.3 %

NYSEARCA:STIP opened at $102.67 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.53 and a 52 week high of $103.61. The firm’s fifty day moving average is $102.30 and its 200-day moving average is $101.36.

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.