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

RDA Financial Network grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 0.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,504 shares of the company’s stock after acquiring an additional 265 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises about 1.5% of RDA Financial Network’s investment portfolio, making the stock its 13th biggest holding. RDA Financial Network’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,660,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of STIP. DMC Group LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 14.0% during the second quarter. DMC Group LLC now owns 11,116 shares of the company’s stock worth $1,085,000 after purchasing an additional 1,362 shares during the last quarter. Henrickson Nauta Wealth Advisors Inc. lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 7.5% during the second quarter. Henrickson Nauta Wealth Advisors Inc. now owns 7,526 shares of the company’s stock worth $735,000 after purchasing an additional 524 shares during the last quarter. Beacon Capital Management LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $25,000. American National Bank bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $390,000. Finally, Walker Financial Services Inc. lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 6.8% in the second quarter. Walker Financial Services Inc. now owns 199,873 shares of the company’s stock worth $19,508,000 after acquiring an additional 12,697 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP traded down $0.04 during trading hours on Tuesday, reaching $97.24. The company’s stock had a trading volume of 376,577 shares, compared to its average volume of 1,038,962. The business has a 50-day simple moving average of $97.22 and a 200 day simple moving average of $97.89. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $96.04 and a 52 week high of $99.66.

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.