iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Hits New 12-Month High – Here’s Why

Posted by Faye Duncan on Dec 4th, 2024

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $101.99 and last traded at $101.99, with a volume of 320 shares traded. The stock had previously closed at $100.94.

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

The company has a 50-day moving average of $100.88 and a 200 day moving average of $100.18.

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. Prism Advisors Inc. grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.6% during the third quarter. Prism Advisors Inc. now owns 3,231 shares of the company’s stock worth $327,000 after purchasing an additional 111 shares during the period. CGN Advisors LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.1% during the second quarter. CGN Advisors LLC now owns 2,977 shares of the company’s stock worth $296,000 after purchasing an additional 116 shares during the period. TSA Wealth Managment LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.9% during the second quarter. TSA Wealth Managment LLC now owns 6,505 shares of the company’s stock worth $647,000 after purchasing an additional 121 shares during the period. Acorn Financial Advisory Services Inc. ADV lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 1.8% during the second quarter. Acorn Financial Advisory Services Inc. ADV now owns 6,951 shares of the company’s stock worth $692,000 after acquiring an additional 124 shares in the last quarter. Finally, H&H Retirement Design & Management INC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 0.9% during the second quarter. H&H Retirement Design & Management INC now owns 15,555 shares of the company’s stock worth $1,546,000 after acquiring an additional 137 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.