iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Sets New 12-Month High at $101.38

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $101.38 and last traded at $101.35, with a volume of 14008 shares traded. The stock had previously closed at $101.32.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1 %

The company has a fifty day simple moving average of $100.22 and a two-hundred day simple moving average of $99.58.

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

Institutional investors have recently added to or reduced their stakes in the business. ICA Group Wealth Management LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $25,000. Larson Financial Group LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 5,300.0% in the second quarter. Larson Financial Group LLC now owns 270 shares of the company’s stock valued at $27,000 after purchasing an additional 265 shares during the period. Edmond DE Rothschild Holding S.A. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth approximately $30,000. IAG Wealth Partners LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter worth approximately $30,000. Finally, Ridgewood Investments LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at $34,000.

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.