Aznar Financial Advisors LLC Purchases Shares of 67,576 iShares 0-5 Year TIPS Bond ETF $STIP

Aznar Financial Advisors LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 67,576 shares of the company’s stock, valued at approximately $6,919,000. iShares 0-5 Year TIPS Bond ETF comprises about 6.6% of Aznar Financial Advisors LLC’s investment portfolio, making the stock its 7th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in STIP. Chapman Financial Group LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at $26,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $27,000. Caldwell Trust Co acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth $29,000. Kingdom Financial Group LLC. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth $29,000. Finally, Avalon Trust Co purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $41,000.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.2%

Shares of NYSEARCA STIP opened at $102.06 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.84 and a 12-month high of $104.16. The stock has a fifty day moving average price of $103.27 and a 200 day moving average price of $103.00.

iShares 0-5 Year TIPS Bond ETF Company 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.