PNC Financial Services Group Inc. Sells 9,563 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

PNC Financial Services Group Inc. decreased its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 157,585 shares of the company’s stock after selling 9,563 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $16,299,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of STIP. Van Strum & Towne Inc. grew its stake in iShares 0-5 Year TIPS Bond ETF by 9.5% in the 1st quarter. Van Strum & Towne Inc. now owns 28,657 shares of the company’s stock worth $2,964,000 after buying an additional 2,475 shares in the last quarter. Continuum Wealth Advisors LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2,742.5% during the 1st quarter. Continuum Wealth Advisors LLC now owns 137,889 shares of the company’s stock worth $14,262,000 after acquiring an additional 133,038 shares during the last quarter. Koss Olinger Consulting LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 14.8% in the first quarter. Koss Olinger Consulting LLC now owns 33,375 shares of the company’s stock valued at $3,452,000 after acquiring an additional 4,300 shares during the last quarter. Hanseatic Management Services Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the first quarter valued at about $1,390,000. Finally, Hershey Financial Advisers LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 1st quarter worth about $3,897,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA STIP opened at $101.23 on Friday. The stock’s 50-day moving average is $102.14 and its 200 day moving average is $102.82. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.11 and a 1-year 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.