IAG Wealth Partners LLC Acquires New Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

IAG Wealth Partners LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 2nd quarter, Holdings Channel reports. The firm purchased 305 shares of the company’s stock, valued at approximately $30,000.

Several other hedge funds and other institutional investors have also made changes to their positions in STIP. ICA Group Wealth Management LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $25,000. Y.D. More Investments Ltd acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $27,000. Tennessee Valley Asset Management Partners bought a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth approximately $30,000. Edmond DE Rothschild Holding S.A. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth approximately $30,000. Finally, Palisade Asset Management LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the first quarter worth approximately $35,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP traded down $0.13 on Thursday, reaching $99.96. 226,923 shares of the stock traded hands, compared to its average volume of 477,580. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.27 and a 12 month high of $100.21. The firm’s fifty day simple moving average is $99.45 and its 200 day simple moving average is $99.21.

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.