iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $101.76 and last traded at $101.73, with a volume of 48445 shares changing hands. The stock had previously closed at $101.47.
iShares 0-5 Year TIPS Bond ETF Price Performance
The company has a 50-day moving average price of $100.88 and a 200-day moving average price of $100.69.
Institutional Trading of iShares 0-5 Year TIPS Bond ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the company. The Manufacturers Life Insurance Company purchased a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at approximately $3,015,000. Sanctuary Advisors LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter worth $1,499,000. Kure Advisory LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.7% in the 3rd quarter. Kure Advisory LLC now owns 45,841 shares of the company’s stock valued at $4,645,000 after acquiring an additional 786 shares during the period. Evanson Asset Management LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 9.0% during the 3rd quarter. Evanson Asset Management LLC now owns 2,241 shares of the company’s stock valued at $227,000 after acquiring an additional 185 shares in the last quarter. Finally, Brookstone Capital Management boosted its position in iShares 0-5 Year TIPS Bond ETF by 4,176.7% during the 3rd quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock worth $18,819,000 after purchasing an additional 181,396 shares during the period.
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.
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