Foundations Investment Advisors LLC Makes New Investment in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Foundations Investment Advisors LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,074 shares of the company’s stock, valued at approximately $1,013,000.

Several other institutional investors have also recently modified their holdings of the company. Pflug Koory LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 534.7% in the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after buying an additional 401 shares during the period. Ridgewood Investments LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 33.0% in the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after acquiring an additional 203 shares during the period. Peterson Financial Group Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth $177,000. First United Bank & Trust lifted its position in iShares 0-5 Year TIPS Bond ETF by 19.2% during the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after purchasing an additional 308 shares during the period. Finally, Coldstream Capital Management Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at $200,000.

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

NYSEARCA STIP opened at $101.34 on Thursday. The stock has a 50-day simple moving average of $100.83 and a two-hundred day simple moving average of $100.63. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.36 and a fifty-two week high of $101.52.

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.