iShares 0-5 Year TIPS Bond ETF $STIP Shares Newly Acquired by NBT Bank N.A.

NBT Bank N.A. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 137,468 shares of the company’s stock, valued at approximately $13,706,000. iShares 0-5 Year TIPS Bond ETF comprises 0.9% of NBT Bank N.A.’s investment portfolio, making the stock its 24th biggest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Buttonwood Financial Group LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 1.8% during the second quarter. Buttonwood Financial Group LLC now owns 6,001 shares of the company’s stock valued at $613,000 after acquiring an additional 108 shares in the last quarter. United Asset Strategies Inc. lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 1.8% in the first quarter. United Asset Strategies Inc. now owns 6,594 shares of the company’s stock valued at $682,000 after acquiring an additional 119 shares during the period. Breakwater Capital Group lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 0.4% in the first quarter. Breakwater Capital Group now owns 28,642 shares of the company’s stock valued at $2,962,000 after acquiring an additional 120 shares during the period. Chicago Partners Investment Group LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 0.4% in the first quarter. Chicago Partners Investment Group LLC now owns 29,739 shares of the company’s stock valued at $3,085,000 after acquiring an additional 122 shares during the period. Finally, Affinity Capital Advisors LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 3.2% in the 3rd quarter. Affinity Capital Advisors LLC now owns 3,937 shares of the company’s stock worth $394,000 after purchasing an additional 122 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $100.87 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $99.56 and a 12 month high of $104.16. The stock’s 50 day simple moving average is $100.39 and its two-hundred day simple moving average is $101.70.

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.