Physician Wealth Advisors Inc. Acquires 1,043 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Physician Wealth Advisors Inc. raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,631 shares of the company’s stock after acquiring an additional 1,043 shares during the quarter. Physician Wealth Advisors Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,838,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Brooklyn FI LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 2.9% during the first quarter. Brooklyn FI LLC now owns 17,739 shares of the company’s stock valued at $1,764,000 after acquiring an additional 501 shares during the period. Alpha Omega Wealth Management LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 1.8% during the first quarter. Alpha Omega Wealth Management LLC now owns 25,752 shares of the company’s stock valued at $2,561,000 after acquiring an additional 464 shares during the period. Municipal Employees Retirement System of Michigan increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 0.9% in the first quarter. Municipal Employees Retirement System of Michigan now owns 109,359 shares of the company’s stock worth $10,873,000 after purchasing an additional 1,013 shares during the last quarter. Maltin Wealth Management Inc. increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 38.6% in the first quarter. Maltin Wealth Management Inc. now owns 18,253 shares of the company’s stock worth $1,815,000 after purchasing an additional 5,083 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 175.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 317,130 shares of the company’s stock worth $31,532,000 after purchasing an additional 201,979 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1 %

Shares of STIP stock traded up $0.09 during trading hours on Friday, hitting $99.49. The stock had a trading volume of 300,015 shares, compared to its average volume of 519,095. iShares 0-5 Year TIPS Bond ETF has a one year low of $96.27 and a one year high of $99.57. The stock’s 50-day moving average price is $99.19 and its two-hundred day moving average price is $98.98.

About iShares 0-5 Year TIPS Bond ETF

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.