Rockland Trust Co. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 260,716 shares of the company’s stock, valued at approximately $25,993,000. iShares 0-5 Year TIPS Bond ETF makes up approximately 1.0% of Rockland Trust Co.’s holdings, making the stock its 27th largest holding.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Beacon Financial Strategies CORP bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth about $38,000. Retirement Wealth Solutions LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 197.6% in the second quarter. Retirement Wealth Solutions LLC now owns 372 shares of the company’s stock valued at $38,000 after acquiring an additional 247 shares during the period. Signature Resources Capital Management LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 43.0% in the first quarter. Signature Resources Capital Management LLC now owns 941 shares of the company’s stock valued at $97,000 after acquiring an additional 283 shares during the period. JFS Wealth Advisors LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 6,393.8% in the second quarter. JFS Wealth Advisors LLC now owns 1,039 shares of the company’s stock valued at $106,000 after acquiring an additional 1,023 shares during the period. Finally, Highland Investment Advisors LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter worth about $112,000.
iShares 0-5 Year TIPS Bond ETF Stock Down 0.0%
STIP traded down $0.01 during midday trading on Monday, reaching $99.92. 455,232 shares of the company’s stock were exchanged, compared to its average volume of 1,182,592. The business has a 50-day simple moving average of $100.55 and a two-hundred day simple moving average of $102.00. iShares 0-5 Year TIPS Bond ETF has a one year low of $99.56 and a one year 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.
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