iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Reaches New 12-Month Low – Here’s What Happened

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $101.83 and last traded at $101.84, with a volume of 1018662 shares changing hands. The stock had previously closed at $102.06.

iShares 0-5 Year TIPS Bond ETF Stock Performance

The stock has a 50-day moving average of $103.21 and a 200 day moving average of $102.99.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of STIP. Blue Edge Capital LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.4% in the third quarter. Blue Edge Capital LLC now owns 4,798 shares of the company’s stock valued at $496,000 after purchasing an additional 112 shares during the period. Parallel Advisors LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 16.0% during the third quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock worth $84,000 after purchasing an additional 112 shares during the period. BWM Planning LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 2.0% in the 4th quarter. BWM Planning LLC now owns 5,899 shares of the company’s stock valued at $604,000 after purchasing an additional 118 shares during the last quarter. United Asset Strategies Inc. increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% during the 1st quarter. United Asset Strategies Inc. now owns 6,594 shares of the company’s stock worth $682,000 after buying an additional 119 shares during the last quarter. Finally, Breakwater Capital Group increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 0.4% during the 1st quarter. Breakwater Capital Group now owns 28,642 shares of the company’s stock worth $2,962,000 after buying an additional 120 shares during the last quarter.

About iShares 0-5 Year TIPS Bond ETF

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.