First National Trust Co Has $15.93 Million Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

First National Trust Co boosted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.0% in the third quarter, Holdings Channel reports. The fund owned 154,119 shares of the company’s stock after acquiring an additional 8,735 shares during the period. First National Trust Co’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $15,930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in STIP. Copperleaf Capital LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter worth about $827,000. Carr Financial Group Corp raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 64.6% during the third quarter. Carr Financial Group Corp now owns 23,947 shares of the company’s stock worth $2,475,000 after acquiring an additional 9,402 shares in the last quarter. Abacus Planning Group Inc. lifted its stake in iShares 0-5 Year TIPS Bond ETF by 36.1% in the third quarter. Abacus Planning Group Inc. now owns 469,165 shares of the company’s stock valued at $48,493,000 after acquiring an additional 124,335 shares during the last quarter. Austin Asset Management Co Inc raised its holdings in iShares 0-5 Year TIPS Bond ETF by 4.1% during the third quarter. Austin Asset Management Co Inc now owns 287,836 shares of the company’s stock valued at $29,751,000 after buying an additional 11,233 shares in the last quarter. Finally, SCS Capital Management LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.7% in the second quarter. SCS Capital Management LLC now owns 508,917 shares of the company’s stock valued at $52,373,000 after purchasing an additional 13,149 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP opened at $102.98 on Tuesday. The company’s fifty day moving average is $102.57 and its two-hundred day moving average is $103.00. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.51 and a 52-week high of $103.93.

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.