iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Purchased by RDA Financial Network

RDA Financial Network raised its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,740 shares of the company’s stock after purchasing an additional 466 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises 1.2% of RDA Financial Network’s investment portfolio, making the stock its 19th biggest position. RDA Financial Network’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,824,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Blair William & Co. IL increased its position in iShares 0-5 Year TIPS Bond ETF by 4.3% during the 2nd quarter. Blair William & Co. IL now owns 64,236 shares of the company’s stock worth $6,391,000 after purchasing an additional 2,668 shares during the period. Northland Capital Management LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 1.1% during the 1st quarter. Northland Capital Management LLC now owns 133,615 shares of the company’s stock valued at $13,285,000 after buying an additional 1,468 shares during the last quarter. Brookstone Capital Management increased its position in iShares 0-5 Year TIPS Bond ETF by 3.8% during the 1st quarter. Brookstone Capital Management now owns 3,469 shares of the company’s stock worth $345,000 after purchasing an additional 127 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 120.5% during the first quarter. Cetera Investment Advisers now owns 374,766 shares of the company’s stock valued at $37,263,000 after buying an additional 204,788 shares during the period. Finally, NorthCrest Asset Manangement LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 3.9% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 57,247 shares of the company’s stock worth $5,695,000 after buying an additional 2,125 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP stock traded down $0.01 during trading on Tuesday, reaching $101.03. 251,065 shares of the stock traded hands, compared to its average volume of 459,629. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $96.74 and a 52-week high of $101.52. The business’s 50 day moving average price is $100.67 and its 200-day moving average price is $99.78.

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.