Equita Financial Network Inc. Purchases 2,805 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Equita Financial Network Inc. grew its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 48,354 shares of the company’s stock after purchasing an additional 2,805 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up about 2.0% of Equita Financial Network Inc.’s portfolio, making the stock its 18th largest position. Equita Financial Network Inc. owned 0.06% of iShares 0-5 Year TIPS Bond ETF worth $4,811,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. ICA Group Wealth Management LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $25,000. Y.D. More Investments Ltd bought a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $27,000. Edmond DE Rothschild Holding S.A. bought a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $30,000. IAG Wealth Partners LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter worth $30,000. Finally, Ridgewood Investments LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter worth $34,000.

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

NYSEARCA STIP traded down $0.07 on Friday, hitting $100.37. 399,470 shares of the company were exchanged, compared to its average volume of 464,687. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.27 and a 12 month high of $100.55. The stock has a fifty day moving average of $99.73 and a 200-day moving average of $99.34.

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.