Pinnacle Financial Partners Inc Has $4.67 Million Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Pinnacle Financial Partners Inc lessened its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 46,081 shares of the company’s stock after selling 2,230 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $4,669,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blair William & Co. IL lifted its position in iShares 0-5 Year TIPS Bond ETF by 4.3% during the second quarter. Blair William & Co. IL now owns 64,236 shares of the company’s stock worth $6,391,000 after acquiring an additional 2,668 shares during the last quarter. Cetera Investment Advisers lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 120.5% during the 1st quarter. Cetera Investment Advisers now owns 374,766 shares of the company’s stock worth $37,263,000 after purchasing an additional 204,788 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 3.9% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 57,247 shares of the company’s stock valued at $5,695,000 after purchasing an additional 2,125 shares during the period. CGN Advisors LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 4.1% in the 2nd quarter. CGN Advisors LLC now owns 2,977 shares of the company’s stock valued at $296,000 after buying an additional 116 shares in the last quarter. Finally, ProVise Management Group LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 5.8% during the 2nd quarter. ProVise Management Group LLC now owns 171,938 shares of the company’s stock worth $17,106,000 after buying an additional 9,387 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $100.62 on Thursday. The firm has a 50-day moving average of $100.93 and a 200-day moving average of $100.01. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $97.09 and a 52-week high of $101.52.

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.