iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Hits New 1-Year Low – What’s Next?

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $101.83 and last traded at $101.84, with a volume of 1018662 shares. The stock had previously closed at $102.06.

iShares 0-5 Year TIPS Bond ETF Price Performance

The stock has a fifty day simple moving average of $103.14 and a two-hundred day simple moving average of $102.98.

Institutional Investors Weigh In On iShares 0-5 Year TIPS Bond ETF

Large investors have recently added to or reduced their stakes in the company. Cambridge Associates LLC MA ADV boosted its position in iShares 0-5 Year TIPS Bond ETF by 4.8% in the 1st quarter. Cambridge Associates LLC MA ADV now owns 98,340 shares of the company’s stock valued at $10,171,000 after buying an additional 4,487 shares during the last quarter. Robinswood Financial LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the first quarter valued at about $675,000. Stillwater Private Wealth LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the first quarter valued at about $2,810,000. NewEdge Advisors LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 60.7% during the 1st quarter. NewEdge Advisors LLC now owns 285,672 shares of the company’s stock valued at $29,547,000 after purchasing an additional 107,903 shares in the last quarter. Finally, Blue Edge Capital LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 48.9% during the 1st quarter. Blue Edge Capital LLC now owns 19,183 shares of the company’s stock valued at $1,984,000 after purchasing an additional 6,300 shares in the last quarter.

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.