First National Trust Co Has $14.96 Million Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

First National Trust Co lifted its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 18.7% in the second quarter, HoldingsChannel reports. The institutional investor owned 145,384 shares of the company’s stock after buying an additional 22,923 shares during the quarter. First National Trust Co’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $14,961,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Roundview Capital LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 18.0% during the second quarter. Roundview Capital LLC now owns 18,507 shares of the company’s stock worth $1,905,000 after acquiring an additional 2,819 shares in the last quarter. Ridgewood Investments LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 88.5% during the 1st quarter. Ridgewood Investments LLC now owns 1,542 shares of the company’s stock worth $160,000 after purchasing an additional 724 shares in the last quarter. Lutz Financial Services LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 10.0% during the 1st quarter. Lutz Financial Services LLC now owns 65,429 shares of the company’s stock worth $6,770,000 after purchasing an additional 5,943 shares in the last quarter. J.W. Cole Advisors Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 35.9% during the 1st quarter. J.W. Cole Advisors Inc. now owns 11,508 shares of the company’s stock worth $1,191,000 after purchasing an additional 3,043 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 6,217 shares of the company’s stock worth $643,000 after purchasing an additional 331 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.1%

NYSEARCA STIP opened at $103.42 on Tuesday. The company has a 50 day moving average of $103.44 and a 200-day moving average of $102.93. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $100.13 and a 1-year high of $103.93.

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.