Pinnacle Wealth Management Group Inc. Sells 3,318 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Pinnacle Wealth Management Group Inc. lowered its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 14.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 19,830 shares of the company’s stock after selling 3,318 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up approximately 1.2% of Pinnacle Wealth Management Group Inc.’s holdings, making the stock its 26th biggest position. Pinnacle Wealth Management Group Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,995,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Prism Advisors Inc. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 3.6% in the third quarter. Prism Advisors Inc. now owns 3,231 shares of the company’s stock worth $327,000 after purchasing an additional 111 shares during the period. Physician Wealth Advisors Inc. lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 29,597 shares of the company’s stock valued at $2,990,000 after acquiring an additional 141 shares during the last quarter. Capasso Planning Partners LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 0.9% in the third quarter. Capasso Planning Partners LLC now owns 15,127 shares of the company’s stock worth $1,533,000 after acquiring an additional 142 shares in the last quarter. FC Advisory LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 3.1% during the fourth quarter. FC Advisory LLC now owns 4,928 shares of the company’s stock worth $496,000 after acquiring an additional 147 shares during the last quarter. Finally, Passive Capital Management LLC. raised its position in iShares 0-5 Year TIPS Bond ETF by 0.8% during the second quarter. Passive Capital Management LLC. now owns 19,097 shares of the company’s stock valued at $1,900,000 after purchasing an additional 151 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:STIP opened at $100.72 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.36 and a 12 month high of $101.52. The firm’s 50-day moving average is $100.71 and its 200 day moving average is $100.47.

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.