iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Sees Large Volume Increase – Here’s Why

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) shares saw strong trading volume on Thursday . 329,405 shares were traded during mid-day trading, a decline of 25% from the previous session’s volume of 437,182 shares.The stock last traded at $101.20 and had previously closed at $101.08.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0 %

The firm has a 50-day simple moving average of $100.74 and a two-hundred day simple moving average of $100.51.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. LPL Financial LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after acquiring an additional 201,769 shares in the last quarter. Brookstone Capital Management grew its stake in iShares 0-5 Year TIPS Bond ETF by 4,176.7% during the third quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock worth $18,819,000 after buying an additional 181,396 shares in the last quarter. Victory Capital Management Inc. increased its holdings in iShares 0-5 Year TIPS Bond ETF by 57.1% in the 3rd quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock valued at $37,490,000 after buying an additional 134,440 shares during the period. Modera Wealth Management LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% in the 3rd quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock valued at $183,551,000 after buying an additional 101,437 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after acquiring an additional 99,455 shares during the period.

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.