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

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) reached a new 52-week high on Thursday . The stock traded as high as $103.09 and last traded at $103.06, with a volume of 23660 shares trading hands. The stock had previously closed at $102.92.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.3 %

The firm has a 50 day moving average price of $102.08 and a two-hundred day moving average price of $101.28.

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

Several large investors have recently made changes to their positions in the business. Edgestream Partners L.P. acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $1,051,000. HighTower Advisors LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 14.0% in the third quarter. HighTower Advisors LLC now owns 240,797 shares of the company’s stock valued at $24,392,000 after buying an additional 29,579 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock valued at $20,190,000 after buying an additional 99,455 shares during the period. IHT Wealth Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 79.3% during the 3rd quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock worth $1,615,000 after acquiring an additional 7,048 shares in the last quarter. Finally, Orion Portfolio Solutions LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 6.4% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 183,334 shares of the company’s stock worth $18,575,000 after acquiring an additional 11,003 shares during the period.

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.