iShares 0-5 Year TIPS Bond ETF $STIP is Penobscot Wealth Management’s 8th Largest Position

Penobscot Wealth Management lifted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 11.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,998 shares of the company’s stock after acquiring an additional 8,383 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up 2.7% of Penobscot Wealth Management’s portfolio, making the stock its 8th biggest position. Penobscot Wealth Management owned about 0.06% of iShares 0-5 Year TIPS Bond ETF worth $8,372,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Copperleaf Capital LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd 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 third 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 in the last quarter. Abacus Planning Group Inc. increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 36.1% in the third 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 last quarter. Austin Asset Management Co Inc increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.1% in the third quarter. Austin Asset Management Co Inc now owns 287,836 shares of the company’s stock worth $29,751,000 after buying an additional 11,233 shares during the last quarter. Finally, SCS Capital Management LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 2.7% in the second quarter. SCS Capital Management LLC now owns 508,917 shares of the company’s stock valued at $52,373,000 after acquiring an additional 13,149 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.2%

NYSEARCA STIP opened at $103.68 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.67 and a 12 month high of $103.93. The company’s fifty day moving average price is $102.92 and its two-hundred day moving average price is $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.