Ted Buchan & Co Takes $753,000 Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Ted Buchan & Co purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 7,566 shares of the company’s stock, valued at approximately $753,000.

A number of other institutional investors also recently modified their holdings of STIP. Norden Group LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 328.7% in the first quarter. Norden Group LLC now owns 9,485,856 shares of the company’s stock valued at $943,179,000 after purchasing an additional 7,273,167 shares in the last quarter. Wealthcare Capital Management LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 925.3% in the first quarter. Wealthcare Capital Management LLC now owns 665,819 shares of the company’s stock valued at $66,202,000 after purchasing an additional 600,881 shares in the last quarter. Dynasty Wealth Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the first quarter valued at about $44,227,000. New York Life Investment Management LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 415.8% in the second quarter. New York Life Investment Management LLC now owns 268,939 shares of the company’s stock valued at $26,757,000 after purchasing an additional 216,799 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 120.5% in the first quarter. Cetera Investment Advisers now owns 374,766 shares of the company’s stock valued at $37,263,000 after acquiring an additional 204,788 shares during the last quarter.

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

NYSEARCA:STIP opened at $101.32 on Tuesday. The stock’s 50-day simple moving average is $100.40 and its 200 day simple moving average is $99.65. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $96.27 and a 52-week high of $101.52.

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.