iShares 0-5 Year TIPS Bond ETF $STIP Stock: City State Bank Grows Stake

City State Bank boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 31.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,768 shares of the company’s stock after acquiring an additional 20,200 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises about 1.9% of City State Bank’s portfolio, making the stock its 14th largest position. City State Bank owned approximately 0.05% of iShares 0-5 Year TIPS Bond ETF worth $8,352,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Beacon Financial Strategies CORP purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at $38,000. Retirement Wealth Solutions LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 197.6% during the second quarter. Retirement Wealth Solutions LLC now owns 372 shares of the company’s stock valued at $38,000 after buying an additional 247 shares during the last quarter. Nvwm LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at about $51,000. Signature Resources Capital Management LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 43.0% during the first quarter. Signature Resources Capital Management LLC now owns 941 shares of the company’s stock valued at $97,000 after buying an additional 283 shares during the last quarter. Finally, JFS Wealth Advisors LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6,393.8% in the 2nd quarter. JFS Wealth Advisors LLC now owns 1,039 shares of the company’s stock valued at $106,000 after buying an additional 1,023 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $100.52 on Wednesday. The company’s 50-day simple moving average is $100.39 and its 200-day simple moving average is $101.74. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $99.56 and a fifty-two week high of $104.16.

iShares 0-5 Year TIPS Bond ETF 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.