Portland Global Advisors LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 8.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 179,622 shares of the company’s stock after acquiring an additional 14,194 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up about 2.3% of Portland Global Advisors LLC’s investment portfolio, making the stock its 12th largest position. Portland Global Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $18,070,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in STIP. Knuff & Co LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at approximately $26,000. Pflug Koory LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 534.7% during the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after acquiring an additional 401 shares during the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $52,000. Atala Financial Inc purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth $70,000. Finally, Providence First Trust Co acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth about $75,000.
iShares 0-5 Year TIPS Bond ETF Stock Up 0.3 %
NYSEARCA STIP opened at $103.38 on Friday. The firm’s 50-day moving average is $102.08 and its two-hundred day moving average is $101.28. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.53 and a 12 month high of $103.42.
iShares 0-5 Year TIPS Bond ETF Company 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.
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Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report).
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