Foundations Investment Advisors LLC Invests $1.01 Million in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Foundations Investment Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the fourth quarter, Holdings Channel.com reports. The fund bought 10,074 shares of the company’s stock, valued at approximately $1,013,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock valued at $51,920,000 after purchasing an additional 6,480 shares during the period. IHT Wealth Management LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 79.3% in the 3rd quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock valued at $1,615,000 after buying an additional 7,048 shares in the last quarter. First United Bank & Trust boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 19.2% in the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after buying an additional 308 shares during the last quarter. Lutz Financial Services LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 29.2% during the 3rd quarter. Lutz Financial Services LLC now owns 54,087 shares of the company’s stock worth $5,480,000 after buying an additional 12,210 shares in the last quarter. Finally, Evanson Asset Management LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 9.0% during the third quarter. Evanson Asset Management LLC now owns 2,241 shares of the company’s stock valued at $227,000 after acquiring an additional 185 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.0 %

Shares of NYSEARCA:STIP opened at $101.34 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.36 and a 1 year high of $101.52. The business’s 50 day moving average price is $100.83 and its 200-day moving average price is $100.63.

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.