Pinnacle Financial Partners Inc Has $12.29 Million Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Pinnacle Financial Partners Inc raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 8.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 118,878 shares of the company’s stock after acquiring an additional 9,057 shares during the period. Pinnacle Financial Partners Inc’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $12,287,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Roundview Capital LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 18.0% in the 2nd quarter. Roundview Capital LLC now owns 18,507 shares of the company’s stock valued at $1,905,000 after acquiring an additional 2,819 shares during the period. Carr Financial Group Corp grew its holdings in iShares 0-5 Year TIPS Bond ETF by 64.6% during the third quarter. Carr Financial Group Corp now owns 23,947 shares of the company’s stock valued at $2,475,000 after purchasing an additional 9,402 shares during the period. Abacus Planning Group Inc. increased its stake in iShares 0-5 Year TIPS Bond ETF by 36.1% in the third quarter. Abacus Planning Group Inc. now owns 469,165 shares of the company’s stock valued at $48,493,000 after purchasing an additional 124,335 shares in the last quarter. Austin Asset Management Co Inc raised its holdings in iShares 0-5 Year TIPS Bond ETF by 4.1% in the third quarter. Austin Asset Management Co Inc now owns 287,836 shares of the company’s stock worth $29,751,000 after purchasing an additional 11,233 shares during the period. Finally, Balance Wealth LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter worth $3,466,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP stock opened at $102.41 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.99 and a 12-month high of $103.93. The firm has a fifty day moving average of $102.65 and a 200-day moving average of $102.99.

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.