North Ridge Wealth Advisors Inc. Acquires 198 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

North Ridge Wealth Advisors Inc. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 6,114 shares of the company’s stock after acquiring an additional 198 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises 0.5% of North Ridge Wealth Advisors Inc.’s holdings, making the stock its 26th largest holding. North Ridge Wealth Advisors Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $608,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. CGN Advisors LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 4.1% during the second quarter. CGN Advisors LLC now owns 2,977 shares of the company’s stock worth $296,000 after buying an additional 116 shares during the last quarter. Clear Investment Research LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 1.6% during the fourth quarter. Clear Investment Research LLC now owns 7,436 shares of the company’s stock worth $733,000 after buying an additional 119 shares during the last quarter. TSA Wealth Managment LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 1.9% during the second quarter. TSA Wealth Managment LLC now owns 6,505 shares of the company’s stock worth $647,000 after buying an additional 121 shares during the last quarter. Brookstone Capital Management raised its stake in iShares 0-5 Year TIPS Bond ETF by 3.8% during the first quarter. Brookstone Capital Management now owns 3,469 shares of the company’s stock worth $345,000 after buying an additional 127 shares during the last quarter. Finally, H&H Retirement Design & Management INC raised its stake in iShares 0-5 Year TIPS Bond ETF by 0.9% during the second quarter. H&H Retirement Design & Management INC now owns 15,555 shares of the company’s stock worth $1,546,000 after buying an additional 137 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP traded down $0.07 during mid-day trading on Friday, reaching $100.37. 399,470 shares of the stock were exchanged, compared to its average volume of 464,687. iShares 0-5 Year TIPS Bond ETF has a one year low of $96.27 and a one year high of $100.55. The stock has a 50 day simple moving average of $99.73 and a 200-day simple moving average of $99.33.

About iShares 0-5 Year TIPS Bond ETF

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.