Nations Financial Group Inc. IA ADV Boosts Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

Nations Financial Group Inc. IA ADV grew its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 11.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,483 shares of the company’s stock after purchasing an additional 7,612 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $7,831,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Rossmore Private Capital purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $26,000. Chapman Financial Group LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at approximately $26,000. Trust Co. of Vermont purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $32,000. Avalon Trust Co purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $41,000. Finally, Rice Partnership LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $42,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP stock opened at $103.65 on Thursday. The business has a 50 day simple moving average of $103.23 and a 200-day simple moving average of $102.98. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.98 and a 1 year high of $103.93.

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.