Fortis Advisors LLC Has $2.52 Million Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Fortis Advisors LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 0.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 25,017 shares of the company’s stock after buying an additional 151 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises about 1.7% of Fortis Advisors LLC’s portfolio, making the stock its 17th biggest holding. Fortis Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,517,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Ridgewood Investments LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 33.0% in the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after buying an additional 203 shares during the last quarter. Peterson Financial Group Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter worth approximately $177,000. Coldstream Capital Management Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter worth approximately $200,000. CWA Asset Management Group LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter worth approximately $204,000. Finally, W.H. Cornerstone Investments Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $205,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $100.72 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.36 and a 1-year high of $101.52. The business has a 50 day moving average of $100.71 and a 200-day moving average of $100.47.

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.