Eagle Wealth Advisors LLC Takes Position in iShares 0-5 Year TIPS Bond ETF $STIP

Eagle Wealth Advisors LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 25,969 shares of the company’s stock, valued at approximately $2,659,000. iShares 0-5 Year TIPS Bond ETF accounts for approximately 2.3% of Eagle Wealth Advisors LLC’s portfolio, making the stock its 12th biggest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rossmore Private Capital purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $26,000. Chapman Financial Group LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at $26,000. Avalon Trust Co purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $41,000. Rice Partnership LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $42,000. Finally, Semmax Financial Advisors Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at $43,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $104.05 on Monday. The firm’s fifty day moving average price is $103.35 and its 200 day moving average price is $103.00. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.98 and a 1-year high of $104.08.

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.