Portland Global Advisors LLC Increases Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Portland Global Advisors LLC raised its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 186,931 shares of the company’s stock after purchasing an additional 6,933 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for 2.1% of Portland Global Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Portland Global Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $19,140,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Founders Financial Securities LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $318,000. Fortis Advisors LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 1.3% during the fourth quarter. Fortis Advisors LLC now owns 25,127 shares of the company’s stock worth $2,573,000 after purchasing an additional 325 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in iShares 0-5 Year TIPS Bond ETF by 804.2% during the fourth quarter. BNP Paribas Financial Markets now owns 166,473 shares of the company’s stock worth $17,045,000 after purchasing an additional 148,062 shares during the last quarter. Blueline Advisors LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $125,000. Finally, Savant Capital LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 0.5% during the fourth quarter. Savant Capital LLC now owns 30,382 shares of the company’s stock worth $3,111,000 after purchasing an additional 160 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.0%

Shares of STIP stock opened at $103.67 on Friday. The stock has a fifty day moving average price of $103.52 and a 200 day moving average price of $103.06. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.98 and a 1 year high of $104.16.

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.