Portland Global Advisors LLC Purchases 5,209 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Portland Global Advisors LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 179,998 shares of the company’s stock after buying an additional 5,209 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises about 2.1% of Portland Global Advisors LLC’s holdings, making the stock its 13th largest position. Portland Global Advisors LLC owned 0.14% of iShares 0-5 Year TIPS Bond ETF worth $18,605,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Copperleaf Capital LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $827,000. Carr Financial Group Corp grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 64.6% during the 3rd quarter. Carr Financial Group Corp now owns 23,947 shares of the company’s stock worth $2,475,000 after buying an additional 9,402 shares during the period. Abacus Planning Group Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 36.1% during the 3rd quarter. Abacus Planning Group Inc. now owns 469,165 shares of the company’s stock worth $48,493,000 after buying an additional 124,335 shares during the period. Austin Asset Management Co Inc increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.1% in the 3rd quarter. Austin Asset Management Co Inc now owns 287,836 shares of the company’s stock valued at $29,751,000 after acquiring an additional 11,233 shares in the last quarter. Finally, SCS Capital Management LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 2.7% during the second quarter. SCS Capital Management LLC now owns 508,917 shares of the company’s stock worth $52,373,000 after acquiring an additional 13,149 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $103.05 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.67 and a 12 month high of $103.93. The firm has a fifty day simple moving average of $102.63 and a two-hundred day simple moving average of $103.00.

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.