American Wealth Advisors LLC Takes $3.91 Million Position in iShares 0-5 Year TIPS Bond ETF $STIP

American Wealth Advisors LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 37,858 shares of the company’s stock, valued at approximately $3,913,000. iShares 0-5 Year TIPS Bond ETF makes up 3.9% of American Wealth Advisors LLC’s holdings, making the stock its 5th largest holding.

Several other large investors also recently added to or reduced their stakes in the business. Rossmore Private Capital bought a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth about $26,000. Chapman Financial Group LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at about $26,000. Trust Co. of Vermont purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $32,000. Avalon Trust Co purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $41,000. Finally, Rice Partnership LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth approximately $42,000.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.1%

Shares of STIP opened at $103.15 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.67 and a 1-year high of $103.93. The firm’s 50 day simple moving average is $102.73 and its 200 day simple moving average is $103.00.

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.