Sterling Investment Advisors LLC ADV Buys 84,751 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Sterling Investment Advisors LLC ADV bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 84,751 shares of the company’s stock, valued at approximately $8,450,000. iShares 0-5 Year TIPS Bond ETF accounts for approximately 3.7% of Sterling Investment Advisors LLC ADV’s holdings, making the stock its 9th largest position. Sterling Investment Advisors LLC ADV owned about 0.05% of iShares 0-5 Year TIPS Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Atlatl Advisers LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.4% in the 3rd quarter. Atlatl Advisers LLC now owns 25,334 shares of the company’s stock worth $2,526,000 after acquiring an additional 106 shares during the period. Buttonwood Financial Group LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% during the 2nd quarter. Buttonwood Financial Group LLC now owns 6,001 shares of the company’s stock worth $613,000 after purchasing an additional 108 shares in the last quarter. United Asset Strategies Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% during the first quarter. United Asset Strategies Inc. now owns 6,594 shares of the company’s stock valued at $682,000 after purchasing an additional 119 shares during the period. Chicago Partners Investment Group LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.4% during the first quarter. Chicago Partners Investment Group LLC now owns 29,739 shares of the company’s stock valued at $3,085,000 after purchasing an additional 122 shares during the period. Finally, Affinity Capital Advisors LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 3.2% during the third quarter. Affinity Capital Advisors LLC now owns 3,937 shares of the company’s stock valued at $394,000 after purchasing an additional 122 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA STIP opened at $100.91 on Thursday. The business has a fifty day simple moving average of $100.40 and a 200 day simple moving average of $102.06. iShares 0-5 Year TIPS Bond ETF has a one year low of $99.56 and a one year high of $104.16.

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.