Elevation Wealth Partners LLC Makes New $228,000 Investment in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Elevation Wealth Partners LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,270 shares of the company’s stock, valued at approximately $228,000.

A number of other hedge funds also recently made changes to their positions in STIP. City State Bank grew its position in iShares 0-5 Year TIPS Bond ETF by 1.7% during the third quarter. City State Bank now owns 57,773 shares of the company’s stock valued at $5,854,000 after buying an additional 946 shares during the period. ORG Partners LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 7.1% in the third quarter. ORG Partners LLC now owns 4,087 shares of the company’s stock valued at $414,000 after acquiring an additional 271 shares during the last quarter. RDA Financial Network grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% during the 3rd quarter. RDA Financial Network now owns 37,740 shares of the company’s stock valued at $3,824,000 after acquiring an additional 466 shares during the period. Prism Advisors Inc. increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.6% during the 3rd quarter. Prism Advisors Inc. now owns 3,231 shares of the company’s stock worth $327,000 after purchasing an additional 111 shares during the last quarter. Finally, Physician Wealth Advisors Inc. raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 29,597 shares of the company’s stock worth $2,990,000 after purchasing an additional 141 shares during the period.

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

iShares 0-5 Year TIPS Bond ETF stock opened at $101.56 on Monday. The business’s 50 day simple moving average is $100.92 and its 200 day simple moving average is $100.74. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.36 and a 12 month high of $101.81.

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.