Sterling Investment Advisors LLC ADV Acquires 1,242 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Sterling Investment Advisors LLC ADV lifted its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 71,625 shares of the company’s stock after buying an additional 1,242 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up about 4.2% of Sterling Investment Advisors LLC ADV’s holdings, making the stock its 8th biggest holding. Sterling Investment Advisors LLC ADV’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $7,206,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sovereign Financial Group Inc. boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 21.4% in the 4th quarter. Sovereign Financial Group Inc. now owns 4,157 shares of the company’s stock worth $418,000 after acquiring an additional 732 shares in the last quarter. Ignite Planners LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 28.5% in the fourth quarter. Ignite Planners LLC now owns 10,934 shares of the company’s stock worth $1,100,000 after purchasing an additional 2,425 shares during the period. Breakwater Capital Group raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.0% during the fourth quarter. Breakwater Capital Group now owns 24,905 shares of the company’s stock worth $2,505,000 after buying an additional 498 shares during the last quarter. Fortis Advisors LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.6% during the 4th quarter. Fortis Advisors LLC now owns 25,017 shares of the company’s stock valued at $2,517,000 after acquiring an additional 151 shares during the last quarter. Finally, Signal Advisors Wealth LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 143.7% in the fourth quarter. Signal Advisors Wealth LLC now owns 17,744 shares of the company’s stock valued at $1,785,000 after buying an additional 10,464 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $101.08 on Thursday. The company’s 50 day simple moving average is $100.72 and its 200 day simple moving average is $100.49. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.36 and a fifty-two week high of $101.52.

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.