iShares 0-5 Year TIPS Bond ETF $STIP Shares Bought by Seneca Financial Advisors LLC

Seneca Financial Advisors LLC boosted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 248,663 shares of the company’s stock after buying an additional 14,278 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up approximately 7.5% of Seneca Financial Advisors LLC’s portfolio, making the stock its 3rd biggest position. Seneca Financial Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $25,719,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Semitam Bonam LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 9.6% in the first quarter. Semitam Bonam LLC now owns 49,874 shares of the company’s stock valued at $5,159,000 after acquiring an additional 4,355 shares during the period. Venturi Wealth Management LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 18.1% during the first quarter. Venturi Wealth Management LLC now owns 2,314 shares of the company’s stock worth $239,000 after purchasing an additional 354 shares during the period. Sugar Maple Asset Management LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 8.2% during the first quarter. Sugar Maple Asset Management LLC now owns 79,596 shares of the company’s stock worth $8,233,000 after purchasing an additional 6,051 shares during the period. First United Bank & Trust raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 222.0% during the first quarter. First United Bank & Trust now owns 20,260 shares of the company’s stock worth $2,095,000 after purchasing an additional 13,969 shares during the period. Finally, Maltin Wealth Management Inc. lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 4.2% in the 1st quarter. Maltin Wealth Management Inc. now owns 31,734 shares of the company’s stock worth $3,282,000 after purchasing an additional 1,274 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $102.14 on Monday. The company has a fifty day simple moving average of $103.08 and a 200 day simple moving average of $102.97. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.83 and a 12-month high of $104.16.

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.