Providence First Trust Co Takes $75,000 Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Providence First Trust Co bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 750 shares of the company’s stock, valued at approximately $75,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Pflug Koory LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 534.7% in the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after buying an additional 401 shares during the period. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $52,000. Ridgewood Investments LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 33.0% in the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after acquiring an additional 203 shares during the last quarter. Peterson Financial Group Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth approximately $177,000. Finally, First United Bank & Trust increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% in the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after purchasing an additional 308 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $102.72 on Friday. The firm’s fifty day simple moving average is $101.22 and its 200-day simple moving average is $100.93. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.53 and a twelve month high of $102.72.

iShares 0-5 Year TIPS Bond ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

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