IAG Wealth Partners LLC Makes New $30,000 Investment in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

IAG Wealth Partners LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 305 shares of the company’s stock, valued at approximately $30,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Norden Group LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 328.7% in the 1st quarter. Norden Group LLC now owns 9,485,856 shares of the company’s stock worth $943,179,000 after acquiring an additional 7,273,167 shares during the last quarter. Wealthcare Capital Management LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 925.3% in the 1st quarter. Wealthcare Capital Management LLC now owns 665,819 shares of the company’s stock valued at $66,202,000 after acquiring an additional 600,881 shares during the last quarter. Dynasty Wealth Management LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the first quarter worth $44,227,000. Quotient Wealth Partners LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $35,444,000. Finally, Principal Securities Inc. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at $22,174,000.

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

STIP stock traded down $0.13 during trading on Thursday, hitting $99.96. The company had a trading volume of 226,923 shares, compared to its average volume of 477,580. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $96.27 and a 52-week high of $100.21. The company has a 50 day simple moving average of $99.45 and a 200-day simple moving average of $99.21.

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.