Fortis Advisors LLC Boosts Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Fortis Advisors LLC lifted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 0.6% in the third quarter, HoldingsChannel reports. The firm owned 24,866 shares of the company’s stock after buying an additional 160 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up about 1.6% of Fortis Advisors LLC’s portfolio, making the stock its 19th biggest holding. Fortis Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,519,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of STIP. Prism Advisors Inc. grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.6% in the 3rd quarter. Prism Advisors Inc. now owns 3,231 shares of the company’s stock valued at $327,000 after buying an additional 111 shares during the period. CGN Advisors LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 4.1% in the second quarter. CGN Advisors LLC now owns 2,977 shares of the company’s stock valued at $296,000 after acquiring an additional 116 shares during the last quarter. TSA Wealth Managment LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 1.9% in the second quarter. TSA Wealth Managment LLC now owns 6,505 shares of the company’s stock valued at $647,000 after acquiring an additional 121 shares during the last quarter. Acorn Financial Advisory Services Inc. ADV grew its position in iShares 0-5 Year TIPS Bond ETF by 1.8% in the second quarter. Acorn Financial Advisory Services Inc. ADV now owns 6,951 shares of the company’s stock worth $692,000 after acquiring an additional 124 shares during the period. Finally, H&H Retirement Design & Management INC increased its stake in iShares 0-5 Year TIPS Bond ETF by 0.9% during the second quarter. H&H Retirement Design & Management INC now owns 15,555 shares of the company’s stock worth $1,546,000 after acquiring an additional 137 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1 %

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $100.74 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $97.28 and a 52 week high of $101.52. The business’s fifty day simple moving average is $100.94 and its 200-day simple moving average is $100.05.

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.