iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Sees Unusually-High Trading Volume – Here’s Why

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) saw an uptick in trading volume on Tuesday . 1,313,443 shares changed hands during trading, an increase of 80% from the previous session’s volume of 728,902 shares.The stock last traded at $102.90 and had previously closed at $102.84.

iShares 0-5 Year TIPS Bond ETF Price Performance

The firm’s fifty day simple moving average is $103.27 and its 200-day simple moving average is $102.94.

Institutional Trading of iShares 0-5 Year TIPS Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vertex Planning Partners LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 271.9% in the 3rd quarter. Vertex Planning Partners LLC now owns 17,897 shares of the company’s stock valued at $1,850,000 after purchasing an additional 13,085 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 11.9% during the third quarter. NewEdge Advisors LLC now owns 230,204 shares of the company’s stock valued at $23,794,000 after buying an additional 24,468 shares during the period. Adalta Capital Management LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter worth approximately $420,000. Kestra Investment Management LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 11.5% in the 3rd quarter. Kestra Investment Management LLC now owns 182,523 shares of the company’s stock worth $18,866,000 after acquiring an additional 18,766 shares during the period. Finally, Triumph Capital Management purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth approximately $107,000.

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.