iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Bought by First United Bank & Trust

First United Bank & Trust lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 19.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,914 shares of the company’s stock after buying an additional 308 shares during the period. First United Bank & Trust’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $193,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. LPL Financial LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 16.0% during the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after buying an additional 201,769 shares in the last quarter. Brookstone Capital Management increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 4,176.7% during the third quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock worth $18,819,000 after purchasing an additional 181,396 shares in the last quarter. Victory Capital Management Inc. raised its stake in iShares 0-5 Year TIPS Bond ETF by 57.1% in the 3rd quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock valued at $37,490,000 after purchasing an additional 134,440 shares during the last quarter. Modera Wealth Management LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 5.9% in the 3rd quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock valued at $183,551,000 after purchasing an additional 101,437 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 99.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after purchasing an additional 99,455 shares during the last quarter.

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

Shares of NYSEARCA STIP opened at $101.15 on Tuesday. The firm has a 50-day simple moving average of $100.75 and a 200-day simple moving average of $100.54. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.36 and a 52 week high of $101.52.

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.