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

Arkadios Wealth Advisors purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,907 shares of the company’s stock, valued at approximately $289,000.

A number of other institutional investors also recently modified their holdings of the business. Norden Group LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 328.7% in the first quarter. Norden Group LLC now owns 9,485,856 shares of the company’s stock valued at $943,179,000 after acquiring an additional 7,273,167 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 9.6% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 760,271 shares of the company’s stock valued at $75,594,000 after purchasing an additional 66,903 shares during the last quarter. O Shaughnessy Asset Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 19.6% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 716,221 shares of the company’s stock worth $71,214,000 after purchasing an additional 117,423 shares in the last quarter. Partners Capital Investment Group LLP lifted its stake in iShares 0-5 Year TIPS Bond ETF by 15.0% in the 4th quarter. Partners Capital Investment Group LLP now owns 704,707 shares of the company’s stock valued at $69,477,000 after purchasing an additional 91,796 shares during the last quarter. Finally, Destination Wealth Management boosted its position in iShares 0-5 Year TIPS Bond ETF by 1.8% in the second quarter. Destination Wealth Management now owns 688,194 shares of the company’s stock valued at $68,468,000 after buying an additional 12,497 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.1 %

Shares of NYSEARCA:STIP opened at $100.37 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $96.27 and a 52-week high of $100.55. The company has a fifty day moving average of $99.73 and a 200-day moving average of $99.33.

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.