iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Sets New 52-Week High at $99.97

Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) hit a new 52-week high on Monday . The stock traded as high as $99.97 and last traded at $99.97, with a volume of 530 shares. The stock had previously closed at $99.28.

iShares 0-5 Year TIPS Bond ETF Price Performance

The firm has a 50-day simple moving average of $99.02 and a two-hundred day simple moving average of $98.24.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. North Star Investment Management Corp. raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 153.0% in the 4th quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock valued at $25,000 after acquiring an additional 153 shares in the last quarter. ICA Group Wealth Management LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $25,000. SkyView Investment Advisors LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 1st quarter valued at approximately $25,000. Farmers & Merchants Investments Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at approximately $26,000. Finally, Y.D. More Investments Ltd bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $27,000.

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.