iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Hits New 1-Year Low – What’s Next?

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $102.09 and last traded at $102.11, with a volume of 1054284 shares trading hands. The stock had previously closed at $102.33.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.2%

The stock’s fifty day moving average is $103.27 and its 200-day moving average is $103.00.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Modera Wealth Management LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 7.2% during the 1st quarter. Modera Wealth Management LLC now owns 2,442,854 shares of the company’s stock valued at $252,664,000 after acquiring an additional 163,586 shares during the period. Ritholtz Wealth Management boosted its position in iShares 0-5 Year TIPS Bond ETF by 6.8% during the first quarter. Ritholtz Wealth Management now owns 2,409,803 shares of the company’s stock worth $249,246,000 after purchasing an additional 153,948 shares in the last quarter. Bank of America Corp DE boosted its position in iShares 0-5 Year TIPS Bond ETF by 8.7% during the third quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock worth $181,423,000 after purchasing an additional 140,223 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp boosted its position in 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 purchasing an additional 830,200 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 8.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 1,148,502 shares of the company’s stock valued at $117,595,000 after purchasing an additional 86,535 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.