Elevation Wealth Partners LLC Takes Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Elevation Wealth Partners LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,270 shares of the company’s stock, valued at approximately $228,000.

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

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

Shares of STIP stock opened at $101.56 on Monday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.36 and a 52 week high of $101.81. The firm has a 50 day moving average of $100.92 and a 200-day moving average of $100.74.

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.