iShares 0-5 Year TIPS Bond ETF $STIP Stock Position Raised by City State Bank

City State Bank grew its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 31.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 83,768 shares of the company’s stock after buying an additional 20,200 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up 1.9% of City State Bank’s holdings, making the stock its 14th biggest holding. City State Bank’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $8,352,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 77.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,995,879 shares of the company’s stock worth $203,899,000 after purchasing an additional 870,609 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp increased its stake in iShares 0-5 Year TIPS Bond ETF by 113.7% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock valued at $161,371,000 after purchasing an additional 830,200 shares in the last quarter. Rockland Trust Co. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at approximately $25,993,000. Capital Advantage Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at approximately $26,438,000. Finally, NewEdge Advisors LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 64.8% in the second quarter. NewEdge Advisors LLC now owns 470,685 shares of the company’s stock worth $48,085,000 after buying an additional 185,013 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP opened at $100.52 on Wednesday. The company’s fifty day moving average price is $100.39 and its 200-day moving average price is $101.74. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $99.56 and a 1-year high of $104.16.

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.