McNaughton Wealth Management LLC Acquires New Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

McNaughton Wealth Management LLC bought a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,831 shares of the company’s stock, valued at approximately $596,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Adventist Health System Sunbelt Healthcare Corp raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 113.7% in the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock valued at $161,371,000 after purchasing an additional 830,200 shares during the period. Bank of America Corp DE lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 71.1% in the second quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after buying an additional 671,145 shares during the last quarter. Beacon Pointe Advisors LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 190.8% during the 4th quarter. Beacon Pointe Advisors LLC now owns 556,671 shares of the company’s stock worth $56,997,000 after buying an additional 365,234 shares during the period. SB Capital Management Inc bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth $36,983,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in iShares 0-5 Year TIPS Bond ETF by 155.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock valued at $51,995,000 after buying an additional 305,961 shares during the last quarter.

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

Shares of STIP opened at $100.58 on Thursday. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.54 and a one year high of $104.16. The company’s fifty day moving average price is $101.76 and its 200 day moving average price is $102.74.

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.