iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Stock Short Interest Report for October

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 453,689 shares, a decline of 74.4% from the September 30th total of 1,772,820 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 969,222 shares, the days-to-cover ratio is currently 0.5 days.

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

A number of institutional investors have recently modified their holdings of STIP. Modera Wealth Management LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $267,526,000. Envestnet Asset Management Inc. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 77.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,995,879 shares of the company’s stock worth $203,899,000 after purchasing an additional 870,609 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 113.7% during the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock worth $161,371,000 after buying an additional 830,200 shares in the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 9.4% during the second quarter. Wealthcare Advisory Partners LLC now owns 1,322,733 shares of the company’s stock worth $135,130,000 after buying an additional 113,391 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 14.3% during the third quarter. Farther Finance Advisors LLC now owns 1,278,077 shares of the company’s stock worth $127,424,000 after buying an additional 159,586 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

iShares 0-5 Year TIPS Bond ETF stock traded up $0.07 during trading hours on Thursday, reaching $100.98. The stock had a trading volume of 742,305 shares, compared to its average volume of 1,164,307. The business’s 50 day moving average price is $100.40 and its 200-day moving average price is $102.05. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $99.56 and a 52 week high of $104.16.

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.