First PREMIER Bank Acquires 531 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

First PREMIER Bank increased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,145 shares of the company’s stock after purchasing an additional 531 shares during the quarter. First PREMIER Bank’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,332,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of STIP. CGN Advisors LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.1% in the second quarter. CGN Advisors LLC now owns 2,977 shares of the company’s stock valued at $296,000 after buying an additional 116 shares during the period. TSA Wealth Managment LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 1.9% during the 2nd quarter. TSA Wealth Managment LLC now owns 6,505 shares of the company’s stock worth $647,000 after purchasing an additional 121 shares during the last quarter. Acorn Financial Advisory Services Inc. ADV lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% in the 2nd quarter. Acorn Financial Advisory Services Inc. ADV now owns 6,951 shares of the company’s stock worth $692,000 after purchasing an additional 124 shares during the period. Brookstone Capital Management boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.8% in the 1st quarter. Brookstone Capital Management now owns 3,469 shares of the company’s stock valued at $345,000 after purchasing an additional 127 shares during the last quarter. Finally, H&H Retirement Design & Management INC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.9% during the second quarter. H&H Retirement Design & Management INC now owns 15,555 shares of the company’s stock worth $1,546,000 after buying an additional 137 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.1 %

Shares of STIP opened at $100.78 on Wednesday. The firm’s fifty day simple moving average is $100.59 and its two-hundred day simple moving average is $99.73. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.74 and a 12 month high of $101.52.

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.