Trustmark National Bank Trust Department Has $516,000 Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Trustmark National Bank Trust Department cut its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 13.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,192 shares of the company’s stock after selling 841 shares during the quarter. Trustmark National Bank Trust Department’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $516,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Gilliland Jeter Wealth Management LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at $1,803,000. SVB Wealth LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 49.4% during the fourth quarter. SVB Wealth LLC now owns 20,238 shares of the company’s stock worth $1,995,000 after purchasing an additional 6,690 shares during the period. CFS Investment Advisory Services LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 24.3% in the fourth quarter. CFS Investment Advisory Services LLC now owns 32,734 shares of the company’s stock worth $3,227,000 after purchasing an additional 6,408 shares in the last quarter. First United Bank & Trust acquired a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $77,000. Finally, TSA Wealth Managment LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $670,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock traded up $0.06 during trading hours on Tuesday, hitting $99.46. 90,867 shares of the company were exchanged, compared to its average volume of 490,923. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $96.27 and a fifty-two week high of $99.66. The company has a 50 day simple moving average of $99.28 and a two-hundred day simple moving average of $99.07.

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.