PNC Financial Services Group Inc. Reduces Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

PNC Financial Services Group Inc. reduced its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 167,148 shares of the company’s stock after selling 10,925 shares during the period. PNC Financial Services Group Inc. owned about 0.13% of iShares 0-5 Year TIPS Bond ETF worth $17,114,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Rossmore Private Capital purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $26,000. Chapman Financial Group LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at $26,000. Caldwell Trust Co purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $29,000. Avalon Trust Co purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $41,000. Finally, Rice Partnership LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $42,000.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.0%

STIP stock opened at $103.28 on Friday. The firm’s fifty day simple moving average is $103.52 and its 200-day simple moving average is $103.04. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.98 and a 12 month high of $104.16.

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.