Trivant Custom Portfolio Group LLC Increases Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Trivant Custom Portfolio Group LLC increased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.5% in the third quarter, Holdings Channel.com reports. The fund owned 52,188 shares of the company’s stock after acquiring an additional 3,205 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up about 3.1% of Trivant Custom Portfolio Group LLC’s holdings, making the stock its 6th biggest holding. Trivant Custom Portfolio Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $5,288,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Larson Financial Group LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 5,300.0% during the second quarter. Larson Financial Group LLC now owns 270 shares of the company’s stock valued at $27,000 after purchasing an additional 265 shares during the last quarter. IAG Wealth Partners LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth $30,000. Ridgewood Investments LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter worth $34,000. Palisade Asset Management LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the first quarter valued at $35,000. Finally, Gleason Group Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the second quarter valued at about $46,000.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.4 %

STIP stock traded down $0.36 during mid-day trading on Friday, hitting $100.88. 329,329 shares of the stock were exchanged, compared to its average volume of 461,508. The business has a fifty day moving average price of $100.54 and a 200 day moving average price of $99.71. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.27 and a 12 month high of $101.52.

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.