iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Stake Raised by First PREMIER Bank

First PREMIER Bank raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,614 shares of the company’s stock after acquiring an additional 420 shares during the quarter. First PREMIER Bank’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,255,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Leavell Investment Management Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF by 27.8% during the second quarter. Leavell Investment Management Inc. now owns 49,317 shares of the company’s stock worth $4,907,000 after purchasing an additional 10,718 shares during the period. AdvisorNet Financial Inc grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 39.1% during the second quarter. AdvisorNet Financial Inc now owns 1,157 shares of the company’s stock worth $115,000 after purchasing an additional 325 shares during the last quarter. IAG Wealth Partners LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth $30,000. ORG Partners LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at about $378,000. Finally, DMC Group LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 5.5% in the second quarter. DMC Group LLC now owns 14,722 shares of the company’s stock valued at $1,465,000 after acquiring an additional 766 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock traded down $0.11 during mid-day trading on Thursday, hitting $99.98. The stock had a trading volume of 286,673 shares, compared to its average volume of 477,992. The stock has a 50-day simple moving average of $99.47 and a two-hundred day simple moving average of $99.21. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.27 and a 12 month high of $100.21.

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.