NBT Bank N A NY Buys 10,928 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

NBT Bank N A NY boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 14.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 86,286 shares of the company’s stock after acquiring an additional 10,928 shares during the period. NBT Bank N A NY’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $8,680,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in STIP. Pflug Koory LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 534.7% in the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after purchasing an additional 401 shares during the last quarter. Bradley & Co. Private Wealth Management LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $52,000. Providence First Trust Co bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $75,000. Ridgewood Investments LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 33.0% in the 4th quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock valued at $82,000 after purchasing an additional 203 shares during the last quarter. Finally, Peterson Financial Group Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $177,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $102.41 on Monday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.53 and a 52-week high of $102.90. The business’s fifty day moving average is $101.48 and its 200-day moving average is $101.04.

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.