Nations Financial Group Inc. IA ADV Raises Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Nations Financial Group Inc. IA ADV raised its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 14.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,807 shares of the company’s stock after purchasing an additional 3,926 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,200,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Good Life Advisors LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter worth $329,000. Drake & Associates LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 2.9% during the third quarter. Drake & Associates LLC now owns 89,983 shares of the company’s stock valued at $9,117,000 after acquiring an additional 2,505 shares during the last quarter. CHB Investment Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at $3,104,000. Friedenthal Financial increased its position in iShares 0-5 Year TIPS Bond ETF by 1.9% during the third quarter. Friedenthal Financial now owns 38,791 shares of the company’s stock valued at $3,930,000 after acquiring an additional 734 shares during the last quarter. Finally, Slow Capital Inc. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.5% in the third quarter. Slow Capital Inc. now owns 33,629 shares of the company’s stock worth $3,407,000 after purchasing an additional 831 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP opened at $101.78 on Friday. The company’s 50-day moving average price is $100.99 and its 200-day moving average price is $100.79. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.49 and a 12 month high of $101.85.

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.