Amplius Wealth Advisors Increases Stake in iShares TIPS ETF by 17,600%

Amplius Wealth Advisors LLC has significantly increased its investment in the iShares 0-5 Year TIPS Bond ETF (NYSEARCA: STIP), boosting its stake by an impressive 17,600.5% during the third quarter of 2023. According to a recent disclosure to the U.S. Securities and Exchange Commission (SEC), the institutional investor now holds 469,418 shares of the ETF after acquiring an additional 466,766 shares during the quarter. This acquisition marks the ETF as the firm’s fifth largest position, constituting approximately 4.2% of Amplius Wealth Advisors’ total holdings.

As of the end of the most recent quarter, Amplius Wealth Advisors LLC owned 0.37% of the iShares 0-5 Year TIPS Bond ETF, with a total value of around $48.5 million. The substantial increase in shares aligns with a broader trend where several institutional investors have adjusted their positions in this ETF.

In the latest quarter, LGT Financial Advisors LLC and Chapman Financial Group LLC both initiated new positions in the iShares TIPS ETF, each investing approximately $26,000. Meanwhile, Trust Co. of Vermont also established a new stake during the third quarter, valued at roughly $32,000. Interestingly, Cape Investment Advisory Inc. elevated its position by an astounding 35,300.0% in the first quarter, now holding 354 shares valued at $37,000 after acquiring an additional 353 shares. Additionally, Quaker Wealth Management LLC increased its stake by 200.0% in the second quarter, amassing 420 shares valued at $43,000.

Market Performance of iShares TIPS ETF

The iShares 0-5 Year TIPS Bond ETF has shown stability in the market, opening at $102.39 on the last trading day. Over the past year, the ETF has seen a low of $100.55 and a high of $103.93. Its performance is further reflected in its moving averages, with a 50-day simple moving average of $102.78 and a 200-day moving average of $103.00.

The iShares 0-5 Year TIPS Bond ETF primarily invests in investment-grade fixed income securities, particularly focusing on U.S. Treasury Inflation-Protected Securities (TIPS) with a maturity of less than five years. Launched on December 1, 2010, the fund is managed by BlackRock, one of the largest asset management firms globally.

In summary, the significant increase in Amplius Wealth Advisors’ holdings in the iShares TIPS ETF reflects a broader trend of institutional interest in inflation-protected securities. As investors seek stability amidst economic fluctuations, TIPS continue to draw attention for their ability to safeguard against rising inflation.