Elwood & Goetz Wealth Advisory Group LLC Cuts Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Elwood & Goetz Wealth Advisory Group LLC lessened its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,894 shares of the company’s stock after selling 427 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up approximately 0.9% of Elwood & Goetz Wealth Advisory Group LLC’s portfolio, making the stock its 22nd biggest holding. Elwood & Goetz Wealth Advisory Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $4,032,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of STIP. Fortune 45 LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 32.5% in the first quarter. Fortune 45 LLC now owns 22,968 shares of the company’s stock worth $2,410,000 after acquiring an additional 5,634 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares 0-5 Year TIPS Bond ETF by 9,831.0% in the first quarter. JPMorgan Chase & Co. now owns 59,586 shares of the company’s stock worth $6,253,000 after acquiring an additional 58,986 shares in the last quarter. US Bancorp DE grew its position in iShares 0-5 Year TIPS Bond ETF by 14,981.5% in the first quarter. US Bancorp DE now owns 4,072 shares of the company’s stock worth $427,000 after acquiring an additional 4,045 shares in the last quarter. Citigroup Inc. grew its position in iShares 0-5 Year TIPS Bond ETF by 31.2% in the first quarter. Citigroup Inc. now owns 20,366 shares of the company’s stock worth $2,137,000 after acquiring an additional 4,840 shares in the last quarter. Finally, Bank of Montreal Can grew its position in iShares 0-5 Year TIPS Bond ETF by 704.0% in the first quarter. Bank of Montreal Can now owns 19,295 shares of the company’s stock worth $2,047,000 after acquiring an additional 16,895 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP opened at $99.43 on Friday. The company has a 50-day simple moving average of $98.88 and a two-hundred day simple moving average of $98.02. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $96.27 and a 12-month high of $99.66.

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.