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

American Wealth Advisors LLC bought a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 37,858 shares of the company’s stock, valued at approximately $3,913,000. iShares 0-5 Year TIPS Bond ETF accounts for about 3.9% of American Wealth Advisors LLC’s holdings, making the stock its 5th biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rossmore Private Capital bought a new stake in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth $26,000. Chapman Financial Group LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at about $26,000. Trust Co. of Vermont bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at about $32,000. Avalon Trust Co purchased a new stake 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 stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth about $42,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA: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 stock’s 50-day moving average is $102.73 and its 200 day 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.