iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Sets New 1-Year High at $99.57

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) hit a new 52-week high during trading on Friday . The stock traded as high as $99.57 and last traded at $99.56, with a volume of 15217 shares traded. The stock had previously closed at $99.40.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.2 %

The stock’s fifty day moving average price is $99.19 and its 200-day moving average price is $98.95.

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

Institutional investors have recently made changes to their positions in the stock. Gilliland Jeter Wealth Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $1,803,000. SVB Wealth LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 49.4% during the 4th quarter. SVB Wealth LLC now owns 20,238 shares of the company’s stock worth $1,995,000 after purchasing an additional 6,690 shares during the period. CFS Investment Advisory Services LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 24.3% during the fourth quarter. CFS Investment Advisory Services LLC now owns 32,734 shares of the company’s stock worth $3,227,000 after purchasing an additional 6,408 shares during the last quarter. First United Bank & Trust purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at $77,000. Finally, TSA Wealth Managment LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at $670,000.

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.