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

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $101.18 and last traded at $101.22, with a volume of 37221 shares. The stock had previously closed at $102.16.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.9%

The business has a 50-day moving average price of $103.02 and a 200 day moving average price of $102.97.

Hedge Funds Weigh In On iShares 0-5 Year TIPS Bond ETF

Several institutional investors have recently bought and sold shares of STIP. Blue Edge Capital LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.4% in the 3rd quarter. Blue Edge Capital LLC now owns 4,798 shares of the company’s stock worth $496,000 after buying an additional 112 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock valued at $84,000 after acquiring an additional 112 shares during the last quarter. BWM Planning LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 2.0% in the fourth quarter. BWM Planning LLC now owns 5,899 shares of the company’s stock worth $604,000 after acquiring an additional 118 shares in the last quarter. United Asset Strategies Inc. grew its position in iShares 0-5 Year TIPS Bond ETF by 1.8% in the first quarter. United Asset Strategies Inc. now owns 6,594 shares of the company’s stock worth $682,000 after acquiring an additional 119 shares in the last quarter. Finally, Breakwater Capital Group increased its stake in iShares 0-5 Year TIPS Bond ETF by 0.4% during the first quarter. Breakwater Capital Group now owns 28,642 shares of the company’s stock worth $2,962,000 after acquiring an additional 120 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Company 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.