iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Sees Large Volume Increase – Time to Buy?

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPGet Free Report) saw strong trading volume on Thursday . 329,405 shares were traded during 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 Stock Performance

The business has a 50-day moving average of $100.73 and a two-hundred day moving average of $100.49.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of STIP. JPMorgan Chase & Co. increased its position in iShares 0-5 Year TIPS Bond ETF by 1.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock valued at $51,920,000 after buying an additional 6,480 shares in the last quarter. Blair William & Co. IL raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 4.3% during the second quarter. Blair William & Co. IL now owns 64,236 shares of the company’s stock worth $6,391,000 after purchasing an additional 2,668 shares during the last quarter. IHT Wealth Management LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 79.3% in the third quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock valued at $1,615,000 after purchasing an additional 7,048 shares during the last quarter. ProVise Management Group LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 5.8% during the second quarter. ProVise Management Group LLC now owns 171,938 shares of the company’s stock worth $17,106,000 after acquiring an additional 9,387 shares during the period. Finally, Greenline Partners LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.6% during the 2nd quarter. Greenline Partners LLC now owns 213,550 shares of the company’s stock valued at $21,139,000 after purchasing an additional 5,408 shares in the last quarter.

About iShares 0-5 Year TIPS Bond ETF

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for iShares 0-5 Year TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 0-5 Year TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.