iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Sets New 12-Month High at $100.89

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $100.89 and last traded at $100.88, with a volume of 974775 shares. The stock had previously closed at $100.79.

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

The company has a 50-day moving average of $99.93 and a 200-day moving average of $99.45.

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

Several institutional investors have recently bought and sold shares of STIP. ICA Group Wealth Management LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $25,000. Larson Financial Group LLC raised its position in shares of 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. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at approximately $30,000. IAG Wealth Partners LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at approximately $30,000. Finally, Ridgewood Investments LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth approximately $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.