First United Bank & Trust Boosts Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

First United Bank & Trust raised its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 222.0% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,260 shares of the company’s stock after acquiring an additional 13,969 shares during the period. First United Bank & Trust’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,095,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in STIP. EverSource Wealth Advisors LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 39.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock worth $45,000 after acquiring an additional 123 shares during the last quarter. State Street Corp grew its holdings in iShares 0-5 Year TIPS Bond ETF by 0.5% during the 2nd quarter. State Street Corp now owns 641,945 shares of the company’s stock valued at $66,063,000 after purchasing an additional 3,063 shares during the last quarter. Vivaldi Capital Management LP bought a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at about $285,000. Diversify Advisory Services LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 14.6% in the 2nd quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock worth $669,000 after purchasing an additional 830 shares during the period. Finally, Raymond James Financial Inc. raised its position in iShares 0-5 Year TIPS Bond ETF by 24.8% in the 2nd quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock worth $62,760,000 after purchasing an additional 121,311 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA STIP opened at $102.14 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.83 and a 1 year high of $104.16. The firm has a 50-day simple moving average of $103.08 and a two-hundred day simple moving average of $102.97.

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.