Nations Financial Group Inc. IA ADV increased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 25.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 21,579 shares of the company’s stock after purchasing an additional 4,428 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,147,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in STIP. ICA Group Wealth Management LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth $25,000. Y.D. More Investments Ltd acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth about $27,000. Edmond DE Rothschild Holding S.A. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $30,000. IAG Wealth Partners LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at approximately $30,000. Finally, Ridgewood Investments LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth approximately $34,000.
iShares 0-5 Year TIPS Bond ETF Price Performance
Shares of NYSEARCA STIP traded down $0.07 during midday trading on Friday, reaching $100.37. 399,470 shares of the stock were exchanged, compared to its average volume of 464,687. The firm has a 50-day simple moving average of $99.71 and a two-hundred day simple moving average of $99.32. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $96.27 and a twelve month high of $100.55.
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.
Featured Stories
- Five stocks we like better than iShares 0-5 Year TIPS Bond ETF
- Basic Materials Stocks Investing
- The Solar Stock Battle: Is Daqo or JinkoSolar Your Next Big Win?
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Are These Chinese Stocks a Buy? Michael Burry’s Top Picks Say Yes
- What is the Nikkei 225 index?
- Five Below Stock Faces Challenges Despite Strong Revenue Growth
Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report).
Receive News & Ratings for iShares 0-5 Year TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 0-5 Year TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
