Evanson Asset Management LLC Grows Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Evanson Asset Management LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 9.0% during the third quarter, HoldingsChannel reports. The firm owned 2,241 shares of the company’s stock after purchasing an additional 185 shares during the quarter. Evanson Asset Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $227,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Kure Advisory LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 1.7% in the third quarter. Kure Advisory LLC now owns 45,841 shares of the company’s stock valued at $4,645,000 after purchasing an additional 786 shares during the last quarter. Prosperity Planning Inc. grew its holdings in iShares 0-5 Year TIPS Bond ETF by 9.8% in the 3rd quarter. Prosperity Planning Inc. now owns 16,775 shares of the company’s stock valued at $1,700,000 after buying an additional 1,501 shares during the period. Kwmg LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.8% during the 3rd quarter. Kwmg LLC now owns 156,357 shares of the company’s stock valued at $15,842,000 after acquiring an additional 5,737 shares during the last quarter. LifeGuide Financial Advisors LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.6% during the 3rd quarter. LifeGuide Financial Advisors LLC now owns 20,545 shares of the company’s stock valued at $2,082,000 after acquiring an additional 716 shares during the last quarter. Finally, FC Advisory LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 7.1% in the third quarter. FC Advisory LLC now owns 4,781 shares of the company’s stock worth $484,000 after acquiring an additional 319 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $100.90 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $96.68 and a 1 year high of $101.52. The firm has a 50 day moving average price of $100.59 and a 200 day moving average price of $99.73.

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.