Patten Group Inc. Purchases 582 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Patten Group Inc. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,696 shares of the company’s stock after acquiring an additional 582 shares during the period. Patten Group Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,307,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Capital Investment Advisory Services LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 34.0% during the first quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock valued at $40,000 after buying an additional 97 shares during the last quarter. Adams Wealth Management raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.8% during the first quarter. Adams Wealth Management now owns 3,766 shares of the company’s stock valued at $390,000 after buying an additional 102 shares during the last quarter. CacheTech Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.8% during the first quarter. CacheTech Inc. now owns 3,766 shares of the company’s stock valued at $390,000 after buying an additional 102 shares during the last quarter. Kings Path Partners LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 14.4% during the second quarter. Kings Path Partners LLC now owns 872 shares of the company’s stock valued at $90,000 after buying an additional 110 shares during the last quarter. Finally, Successful Portfolios LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.8% during the second quarter. Successful Portfolios LLC now owns 15,244 shares of the company’s stock valued at $1,569,000 after buying an additional 121 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1%

iShares 0-5 Year TIPS Bond ETF stock opened at $103.53 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.13 and a 1 year high of $103.93. The firm’s 50 day moving average price is $103.41 and its 200-day moving average price is $102.91.

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.