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

Continuum Wealth Advisors LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2,742.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 137,889 shares of the company’s stock after acquiring 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 owned approximately 0.10% of iShares 0-5 Year TIPS Bond ETF worth $14,262,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Parallel Advisors LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% during the 3rd quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock valued at $84,000 after purchasing an additional 112 shares during the last quarter. BWM Planning LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 2.0% in the fourth quarter. BWM Planning LLC now owns 5,899 shares of the company’s stock worth $604,000 after purchasing an additional 118 shares during the last quarter. United Asset Strategies Inc. boosted its position in 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 buying an additional 119 shares during the period. Breakwater Capital Group boosted its position in iShares 0-5 Year TIPS Bond ETF by 0.4% during the first quarter. Breakwater Capital Group now owns 28,642 shares of the company’s stock valued at $2,962,000 after buying an additional 120 shares during the period. Finally, Running Point Capital Advisors LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 36.9% during the fourth quarter. Running Point Capital Advisors LLC now owns 449 shares of the company’s stock valued at $46,000 after buying an additional 121 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $101.44 on Monday. The stock’s 50-day moving average price is $102.37 and its 200-day moving average price is $102.86. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.11 and a 12-month 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.