B. Riley Wealth Advisors Inc. Has $5.55 Million Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

B. Riley Wealth Advisors Inc. decreased its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 54,727 shares of the company’s stock after selling 2,737 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $5,546,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. New York Life Investment Management LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 415.8% during the second quarter. New York Life Investment Management LLC now owns 268,939 shares of the company’s stock worth $26,757,000 after acquiring an additional 216,799 shares in the last quarter. LPL Financial LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after buying an additional 201,769 shares during the period. Brookstone Capital Management grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4,176.7% in the 3rd quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock valued at $18,819,000 after buying an additional 181,396 shares during the period. Victory Capital Management Inc. increased its position in iShares 0-5 Year TIPS Bond ETF by 57.1% in the 3rd quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock valued at $37,490,000 after buying an additional 134,440 shares in the last quarter. Finally, Modera Wealth Management LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 6.8% during the 2nd quarter. Modera Wealth Management LLC now owns 1,710,158 shares of the company’s stock worth $170,144,000 after buying an additional 109,366 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP opened at $100.87 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.35 and a 52 week high of $101.52. The business has a 50 day moving average price of $100.84 and a 200-day moving average price of $100.27.

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.