RFG Advisory LLC Has $3.04 Million Position in iShares 0-5 Year TIPS Bond ETF $STIP

RFG Advisory LLC increased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,504 shares of the company’s stock after buying an additional 1,865 shares during the period. RFG Advisory LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,036,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Acorn Financial Advisory Services Inc. ADV increased its holdings in iShares 0-5 Year TIPS Bond ETF by 9.1% in the second quarter. Acorn Financial Advisory Services Inc. ADV now owns 7,127 shares of the company’s stock worth $733,000 after buying an additional 594 shares during the last quarter. Northwest Capital Management Inc increased its holdings in iShares 0-5 Year TIPS Bond ETF by 189.3% in the second quarter. Northwest Capital Management Inc now owns 7,426 shares of the company’s stock worth $764,000 after buying an additional 4,859 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in iShares 0-5 Year TIPS Bond ETF by 539.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 267,611 shares of the company’s stock worth $27,540,000 after buying an additional 225,775 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 8.8% during the second quarter. Sequoia Financial Advisors LLC now owns 7,679 shares of the company’s stock worth $790,000 after purchasing an additional 618 shares during the period. Finally, MGO One Seven LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 6.4% during the second quarter. MGO One Seven LLC now owns 51,992 shares of the company’s stock worth $5,351,000 after purchasing an additional 3,117 shares during the period.

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

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $103.43 on Wednesday. The stock has a 50 day moving average price of $103.37 and a two-hundred day moving average price of $102.89. 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 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.