iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Acquired by Continuum Advisory LLC

Continuum Advisory LLC boosted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 23.0% in the third quarter, Holdings Channel.com reports. The firm owned 5,995 shares of the company’s stock after acquiring an additional 1,120 shares during the quarter. Continuum Advisory LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $603,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in STIP. Comerica Bank increased its holdings in iShares 0-5 Year TIPS Bond ETF by 18.5% in the first quarter. Comerica Bank now owns 9,780 shares of the company’s stock valued at $972,000 after buying an additional 1,528 shares in the last quarter. NorthCrest Asset Manangement LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.9% during the second quarter. NorthCrest Asset Manangement LLC now owns 57,247 shares of the company’s stock valued at $5,695,000 after acquiring an additional 2,125 shares during the last quarter. ORG Partners LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $378,000. IAG Wealth Partners LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at $30,000. Finally, AdvisorNet Financial Inc increased its stake in iShares 0-5 Year TIPS Bond ETF by 39.1% in the second quarter. AdvisorNet Financial Inc now owns 1,157 shares of the company’s stock valued at $115,000 after purchasing an additional 325 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $100.99 on Tuesday. The firm has a 50 day moving average price of $100.86 and a 200 day moving average price of $100.23. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $97.42 and a 1 year high of $101.52.

iShares 0-5 Year TIPS Bond ETF Company 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.