iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Sees Unusually-High Trading Volume – Should You Buy?

Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) saw unusually-high trading volume on Tuesday . Approximately 1,487,449 shares changed hands during trading, an increase of 137% from the previous session’s volume of 628,620 shares.The stock last traded at $101.74 and had previously closed at $101.78.

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

The firm’s fifty day moving average price is $101.02 and its 200-day moving average price is $100.83.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in STIP. Transce3nd LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $25,000. Knuff & Co LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $26,000. Chapman Financial Group LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $33,000. Pflug Koory LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 534.7% in the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after acquiring an additional 401 shares during the period. Finally, Bradley & Co. Private Wealth Management LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $52,000.

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.