iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Stock Position Increased by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 28,631 shares of the company’s stock after purchasing an additional 1,043 shares during the quarter. Physician Wealth Advisors Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,838,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of STIP. Mariner LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 24.0% in the 3rd quarter. Mariner LLC now owns 34,757 shares of the company’s stock valued at $3,369,000 after purchasing an additional 6,735 shares during the last quarter. CWA Asset Management Group LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 7.4% during the 3rd quarter. CWA Asset Management Group LLC now owns 3,031 shares of the company’s stock worth $294,000 after buying an additional 210 shares in the last quarter. Hudson Portfolio Management LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.6% during the 3rd quarter. Hudson Portfolio Management LLC now owns 22,165 shares of the company’s stock worth $2,148,000 after buying an additional 125 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 10.3% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 140,164 shares of the company’s stock worth $13,585,000 after buying an additional 13,100 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 2,586 shares of the company’s stock worth $251,000 after buying an additional 156 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP traded up $0.09 during mid-day trading on Friday, hitting $99.49. The company’s stock had a trading volume of 300,015 shares, compared to its average volume of 519,095. The firm has a 50-day moving average price of $99.19 and a 200 day moving average price of $98.98. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $96.27 and a fifty-two week high of $99.57.

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.