Portland Global Advisors LLC Raises Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Portland Global Advisors LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 186,931 shares of the company’s stock after purchasing an additional 6,933 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up 2.1% of Portland Global Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Portland Global Advisors LLC owned approximately 0.15% of iShares 0-5 Year TIPS Bond ETF worth $19,140,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of STIP. Bank of America Corp DE increased its holdings in iShares 0-5 Year TIPS Bond ETF by 71.1% during the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after purchasing an additional 671,145 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in iShares 0-5 Year TIPS Bond ETF by 155.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock worth $51,995,000 after purchasing an additional 305,961 shares during the period. Farther Finance Advisors LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 66.1% during the 4th quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock worth $75,618,000 after purchasing an additional 293,986 shares during the period. SoundView Advisors Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $21,528,000. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 34.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 789,010 shares of the company’s stock valued at $81,254,000 after acquiring an additional 203,509 shares during the last quarter.

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

STIP opened at $103.67 on Friday. iShares 0-5 Year TIPS Bond ETF has a one year low of $101.98 and a one year high of $104.16. The business’s 50-day simple moving average is $103.52 and its 200-day simple moving average is $103.06.

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.