Adventist Health System Sunbelt Healthcare Corp Invests $74.75 Million in iShares 0-5 Year TIPS Bond ETF $STIP

Adventist Health System Sunbelt Healthcare Corp purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 730,000 shares of the company’s stock, valued at approximately $74,745,000. iShares 0-5 Year TIPS Bond ETF accounts for about 2.2% of Adventist Health System Sunbelt Healthcare Corp’s holdings, making the stock its 11th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in STIP. Modera Wealth Management LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 6.7% in the fourth quarter. Modera Wealth Management LLC now owns 2,279,268 shares of the company’s stock valued at $233,374,000 after acquiring an additional 142,348 shares during the last quarter. Ritholtz Wealth Management boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 5.1% in the fourth quarter. Ritholtz Wealth Management now owns 2,255,855 shares of the company’s stock valued at $230,977,000 after acquiring an additional 109,416 shares during the last quarter. Bank of America Corp DE boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 8.7% in the third quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock valued at $181,423,000 after acquiring an additional 140,223 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 8.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 1,148,502 shares of the company’s stock valued at $117,595,000 after acquiring an additional 86,535 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 4.1% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,119,136 shares of the company’s stock valued at $114,588,000 after acquiring an additional 43,725 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0%

Shares of STIP stock opened at $102.38 on Friday. The business’s 50 day simple moving average is $103.36 and its 200 day simple moving average is $103.03. iShares 0-5 Year TIPS Bond ETF has a one year low of $102.12 and a one year high of $104.16.

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.