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

Arkadios Wealth Advisors bought 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 13F filing with the SEC. The fund bought 2,907 shares of the company’s stock, valued at approximately $289,000.

Several other large investors have also made changes to their positions in the company. ICA Group Wealth Management LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $25,000. Y.D. More Investments Ltd bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $27,000. Edmond DE Rothschild Holding S.A. bought a new position in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $30,000. IAG Wealth Partners LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at $30,000. Finally, Palisade Asset Management LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the first quarter worth $35,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $100.37 on Friday. The business 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 has a twelve month low of $96.27 and a twelve month high of $100.55.

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.