iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Sees Unusually-High Trading Volume – Still a Buy?

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) shares saw unusually-high trading volume on Tuesday . Approximately 1,487,449 shares were traded during mid-day trading, an increase of 137% from the previous session’s volume of 628,620 shares.The stock last traded at $101.74 and had previously closed at $101.78.

iShares 0-5 Year TIPS Bond ETF Price Performance

The firm has a 50 day moving average of $101.06 and a two-hundred day moving average of $100.85.

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

Hedge funds have recently added to or reduced their stakes in the company. Transce3nd LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $25,000. Knuff & Co LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at $26,000. Chapman Financial Group LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at $33,000. Pflug Koory LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 534.7% in the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after buying an additional 401 shares during the period. Finally, Bradley & Co. Private Wealth Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at $52,000.

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.