Canandaigua National Bank & Trust Co. Cuts Position in iShares 0-5 Year TIPS Bond ETF $STIP

Canandaigua National Bank & Trust Co. decreased its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 24.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,412 shares of the company’s stock after selling 7,637 shares during the quarter. Canandaigua National Bank & Trust Co.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,334,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Cassilly Financial Group LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 23.2% during the 3rd quarter. Cassilly Financial Group LLC now owns 5,625 shares of the company’s stock worth $561,000 after buying an additional 1,061 shares in the last quarter. Echo45 Advisors LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 3.8% in the 3rd quarter. Echo45 Advisors LLC now owns 37,882 shares of the company’s stock valued at $3,777,000 after acquiring an additional 1,371 shares in the last quarter. Kwmg LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6.7% in the 3rd quarter. Kwmg LLC now owns 192,237 shares of the company’s stock valued at $19,166,000 after acquiring an additional 12,096 shares in the last quarter. SigFig Wealth Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.6% in the third quarter. SigFig Wealth Management LLC now owns 4,795 shares of the company’s stock valued at $478,000 after acquiring an additional 211 shares during the last quarter. Finally, Mendota Financial Group LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 15.6% in the third quarter. Mendota Financial Group LLC now owns 24,492 shares of the company’s stock valued at $2,442,000 after acquiring an additional 3,301 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP traded up $0.11 on Wednesday, hitting $100.10. 880,379 shares of the company were exchanged, compared to its average volume of 1,184,770. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $99.56 and a 12 month high of $104.16. The stock’s fifty day moving average is $100.51 and its 200-day moving average is $101.94.

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.