ProVise Management Group LLC Increases Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

ProVise Management Group LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 209,736 shares of the company’s stock after buying an additional 7,706 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up about 1.6% of ProVise Management Group LLC’s holdings, making the stock its 16th biggest holding. ProVise Management Group LLC owned 0.16% of iShares 0-5 Year TIPS Bond ETF worth $21,678,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Rossmore Private Capital purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at about $26,000. Chapman Financial Group LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at about $26,000. Trust Co. of Vermont acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at about $32,000. Avalon Trust Co purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth about $41,000. Finally, Rice Partnership LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth about $42,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $103.50 on Monday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.67 and a 1 year high of $103.93. The firm has a 50 day moving average price of $102.78 and a 200 day moving average price of $103.01.

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.