Private Trust Co. NA Sells 848 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Private Trust Co. NA lessened its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 12.2% during the third quarter, Holdings Channel.com reports. The fund owned 6,127 shares of the company’s stock after selling 848 shares during the period. Private Trust Co. NA’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $621,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Larson Financial Group LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5,300.0% during the second quarter. Larson Financial Group LLC now owns 270 shares of the company’s stock worth $27,000 after purchasing an additional 265 shares during the period. IAG Wealth Partners LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth approximately $30,000. Ridgewood Investments LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $34,000. Gleason Group Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $46,000. Finally, Deane Retirement Strategies Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter worth $54,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $100.88 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $97.32 and a 12-month high of $101.52. The company’s fifty day simple moving average is $100.93 and its two-hundred day simple moving average is $100.11.

iShares 0-5 Year TIPS Bond ETF Company 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.