Continuum Wealth Advisors LLC Raises Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

Continuum Wealth Advisors LLC increased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2,742.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 137,889 shares of the company’s stock after buying an additional 133,038 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for approximately 5.9% of Continuum Wealth Advisors LLC’s holdings, making the stock its 6th biggest holding. Continuum Wealth Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $14,262,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Modera Wealth Management LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 7.2% during the 1st quarter. Modera Wealth Management LLC now owns 2,442,854 shares of the company’s stock valued at $252,664,000 after buying an additional 163,586 shares during the period. Ritholtz Wealth Management increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.8% in the first quarter. Ritholtz Wealth Management now owns 2,409,803 shares of the company’s stock valued at $249,246,000 after acquiring an additional 153,948 shares during the period. Bank of America Corp DE increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 8.7% in the third quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock valued at $181,423,000 after acquiring an additional 140,223 shares during the period. Wealthcare Advisory Partners LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 8.1% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 1,148,502 shares of the company’s stock valued at $117,595,000 after acquiring an additional 86,535 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,119,136 shares of the company’s stock valued at $114,588,000 after acquiring an additional 43,725 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $101.44 on Monday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.11 and a 1-year high of $104.16. The firm has a 50-day moving average of $102.37 and a 200-day moving average of $102.86.

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.