iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Sees Unusually-High Trading Volume – Here’s Why

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) saw strong trading volume on Tuesday . 1,627,989 shares were traded during trading, an increase of 120% from the previous session’s volume of 739,690 shares.The stock last traded at $102.45 and had previously closed at $102.46.

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

The business has a fifty day moving average price of $102.75 and a 200 day moving average price of $101.74.

Institutional Investors Weigh In On iShares 0-5 Year TIPS Bond ETF

Institutional investors have recently bought and sold shares of the business. Principal Financial Group Inc. grew its position in iShares 0-5 Year TIPS Bond ETF by 60.9% in the fourth quarter. Principal Financial Group Inc. now owns 16,445 shares of the company’s stock valued at $1,654,000 after acquiring an additional 6,225 shares in the last quarter. First United Bank & Trust increased its holdings in iShares 0-5 Year TIPS Bond ETF by 19.2% during the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after purchasing an additional 308 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 3.2% in the 4th quarter. JPMorgan Chase & Co. now owns 528,778 shares of the company’s stock valued at $53,195,000 after purchasing an additional 16,338 shares in the last quarter. Independent Advisor Alliance purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at approximately $471,000. Finally, M. Kulyk & Associates LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.1% during the fourth quarter. M. Kulyk & Associates LLC now owns 520,673 shares of the company’s stock worth $52,380,000 after buying an additional 10,936 shares in the last quarter.

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.