McNaughton Wealth Management LLC Takes $503,000 Position in iShares 0-5 Year TIPS Bond ETF $STIP

McNaughton Wealth Management LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,883 shares of the company’s stock, valued at approximately $503,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. HHM Wealth Advisors LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the first quarter valued at $28,000. Cape Investment Advisory Inc. increased its position in iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the first quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock worth $37,000 after purchasing an additional 353 shares during the period. Capital Investment Advisory Services LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 34.0% in the first quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock worth $40,000 after purchasing an additional 97 shares during the period. Smartleaf Asset Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 7,780.0% in the first quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock worth $41,000 after purchasing an additional 389 shares during the period. Finally, Signature Resources Capital Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 45.1% in the second quarter. Signature Resources Capital Management LLC now owns 428 shares of the company’s stock worth $44,000 after purchasing an additional 133 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0%

Shares of STIP stock opened at $103.15 on Friday. The stock has a 50-day moving average price of $103.31 and a 200 day moving average price of $102.88. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $100.13 and a 12 month 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.