iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Reaches New 1-Year Low – Should You Sell?

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $101.11 and last traded at $101.13, with a volume of 458911 shares changing hands. The stock had previously closed at $101.23.

iShares 0-5 Year TIPS Bond ETF Stock Performance

The business’s 50 day moving average price is $102.14 and its 200-day moving average price is $102.82.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in STIP. Adventist Health System Sunbelt Healthcare Corp raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 113.7% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock valued at $161,371,000 after purchasing an additional 830,200 shares in the last quarter. Bank of America Corp DE grew its stake in iShares 0-5 Year TIPS Bond ETF by 71.1% in the second quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after purchasing an additional 671,145 shares in the last quarter. Beacon Pointe Advisors LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 190.8% in the fourth quarter. Beacon Pointe Advisors LLC now owns 556,671 shares of the company’s stock valued at $56,997,000 after buying an additional 365,234 shares during the last quarter. SB Capital Management Inc acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $36,983,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in iShares 0-5 Year TIPS Bond ETF by 155.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock valued at $51,995,000 after buying an additional 305,961 shares in the last quarter.

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.