Financial Engines Advisors L.L.C. Invests $1.90 Million in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Financial Engines Advisors L.L.C. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 18,864 shares of the company’s stock, valued at approximately $1,898,000.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% during the third quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock valued at $51,920,000 after acquiring an additional 6,480 shares during the last quarter. Principal Financial Group Inc. raised its position in iShares 0-5 Year TIPS Bond ETF by 60.9% during the 4th quarter. Principal Financial Group Inc. now owns 16,445 shares of the company’s stock valued at $1,654,000 after purchasing an additional 6,225 shares during the last quarter. IHT Wealth Management LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 79.3% in the 3rd quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock worth $1,615,000 after buying an additional 7,048 shares during the period. First United Bank & Trust grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% in the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after buying an additional 308 shares during the last quarter. Finally, Coldstream Capital Management Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $200,000.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.0 %

Shares of STIP stock opened at $102.92 on Thursday. The stock has a fifty day moving average of $102.00 and a 200 day moving average of $101.25. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.53 and a 52 week high of $102.97.

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.