iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Hits New 12-Month Low – Should You Sell?

Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) reached a new 52-week low on Wednesday . The company traded as low as $101.18 and last traded at $101.22, with a volume of 37221 shares. The stock had previously closed at $102.16.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1%

The firm has a fifty day simple moving average of $102.92 and a 200-day simple moving average of $102.95.

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

A number of large investors have recently modified their holdings of the company. BIP Wealth LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.9% during the fourth quarter. BIP Wealth LLC now owns 146,607 shares of the company’s stock worth $15,011,000 after acquiring an additional 6,861 shares in the last quarter. Maseco LLP lifted its position in iShares 0-5 Year TIPS Bond ETF by 6.7% in the 4th quarter. Maseco LLP now owns 733,508 shares of the company’s stock valued at $75,100,000 after acquiring an additional 46,249 shares in the last quarter. Investment Partners Asset Management Inc. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 35.7% during the 4th quarter. Investment Partners Asset Management Inc. now owns 26,606 shares of the company’s stock valued at $2,724,000 after purchasing an additional 6,996 shares during the last quarter. Brooklyn FI LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 27.7% during the 4th quarter. Brooklyn FI LLC now owns 34,664 shares of the company’s stock valued at $3,549,000 after purchasing an additional 7,529 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 66.1% during the 4th quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock worth $75,618,000 after purchasing an additional 293,986 shares in the last quarter.

About iShares 0-5 Year TIPS Bond ETF

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.