iShares 0-5 Year TIPS Bond ETF $STIP Position Cut by First National Trust Co

First National Trust Co reduced its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 147,860 shares of the company’s stock after selling 6,259 shares during the period. First National Trust Co’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $15,139,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in STIP. Bank of America Corp DE boosted its stake in iShares 0-5 Year TIPS Bond ETF by 71.1% during the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after purchasing an additional 671,145 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 155.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock valued at $51,995,000 after purchasing an additional 305,961 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 66.1% during the 4th quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock valued at $75,618,000 after purchasing an additional 293,986 shares in the last quarter. SoundView Advisors Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $21,528,000. Finally, Ameriprise Financial Inc. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 34.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 789,010 shares of the company’s stock valued at $81,254,000 after purchasing an additional 203,509 shares in the last quarter.

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

Shares of NYSEARCA STIP opened at $103.28 on Friday. The stock has a fifty day moving average price of $103.52 and a two-hundred day moving average price of $103.04. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.98 and a 1 year 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.