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

Physician Wealth Advisors Inc. boosted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 9.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 32,380 shares of the company’s stock after buying an additional 2,783 shares during the period. Physician Wealth Advisors Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,257,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Edgestream Partners L.P. bought a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at about $1,051,000. HighTower Advisors LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 14.0% in the 3rd quarter. HighTower Advisors LLC now owns 240,797 shares of the company’s stock valued at $24,392,000 after buying an additional 29,579 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% during the third quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock valued at $20,190,000 after acquiring an additional 99,455 shares during the period. IHT Wealth Management LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 79.3% in the 3rd quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock worth $1,615,000 after buying an additional 7,048 shares in the last quarter. Finally, Orion Portfolio Solutions LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 6.4% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 183,334 shares of the company’s stock valued at $18,575,000 after acquiring an additional 11,003 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.3 %

NYSEARCA STIP opened at $103.38 on Friday. The business’s fifty day moving average is $102.08 and its two-hundred day moving average is $101.28. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.53 and a 1 year high of $103.42.

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.