Elevate Wealth Advisory Inc. Has $7.56 Million Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Elevate Wealth Advisory Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 76,203 shares of the company’s stock after buying an additional 774 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 5.7% of Elevate Wealth Advisory Inc.’s portfolio, making the stock its 5th largest position. Elevate Wealth Advisory Inc. owned approximately 0.09% of iShares 0-5 Year TIPS Bond ETF worth $7,563,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Brooklyn FI LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6,349.4% in the 4th quarter. Brooklyn FI LLC now owns 1,215,009 shares of the company’s stock valued at $122,469,000 after buying an additional 1,196,170 shares during the period. 3EDGE Asset Management LP boosted its stake in iShares 0-5 Year TIPS Bond ETF by 156.7% in the fourth quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock valued at $126,905,000 after acquiring an additional 770,017 shares during the period. Assetmark Inc. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 459,144.4% in the fourth quarter. Assetmark Inc. now owns 578,648 shares of the company’s stock valued at $58,212,000 after acquiring an additional 578,522 shares during the period. Dynasty Wealth Management LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $44,239,000. Finally, Raymond James Financial Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth approximately $40,443,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $102.73 on Thursday. The business has a 50 day simple moving average of $101.79 and a 200 day simple moving average of $101.16. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $98.53 and a 12-month high of $102.90.

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.