Whittier Trust Co. Makes New Investment in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Whittier Trust Co. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 12,730 shares of the company’s stock, valued at approximately $1,281,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in iShares 0-5 Year TIPS Bond ETF by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock valued at $51,920,000 after purchasing an additional 6,480 shares during the period. Principal Financial Group Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 60.9% during the 4th quarter. Principal Financial Group Inc. now owns 16,445 shares of the company’s stock worth $1,654,000 after purchasing an additional 6,225 shares during the last quarter. IHT Wealth Management LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 79.3% in the 3rd quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock valued at $1,615,000 after buying an additional 7,048 shares during the period. First United Bank & Trust lifted its position in iShares 0-5 Year TIPS Bond ETF by 19.2% in the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after buying an additional 308 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 99.6% during the third quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after buying an additional 99,455 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $102.89 on Friday. The company’s 50 day simple moving average is $101.88 and its 200-day simple moving average is $101.19. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.53 and a 1 year high of $102.98.

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.