Capital Advantage Inc. Buys Shares of 258,789 iShares 0-5 Year TIPS Bond ETF $STIP

Capital Advantage Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 258,789 shares of the company’s stock, valued at approximately $26,438,000. iShares 0-5 Year TIPS Bond ETF comprises about 3.2% of Capital Advantage Inc.’s investment portfolio, making the stock its 11th largest position. Capital Advantage Inc. owned approximately 0.16% of iShares 0-5 Year TIPS Bond ETF as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in STIP. Chapman Financial Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth approximately $26,000. IFC & Insurance Marketing Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $27,000. Kingdom Financial Group LLC. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $29,000. Beacon Financial Strategies CORP acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth $38,000. Finally, Retirement Wealth Solutions LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 197.6% in the second quarter. Retirement Wealth Solutions LLC now owns 372 shares of the company’s stock worth $38,000 after purchasing an additional 247 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP opened at $100.83 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.53 and a one year high of $104.16. The stock’s fifty day moving average is $101.01 and its 200-day moving average is $102.40.

About iShares 0-5 Year TIPS Bond ETF

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.