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

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) saw unusually-high trading volume on Thursday . Approximately 329,405 shares changed hands during trading, a decline of 25% from the previous session’s volume of 437,182 shares.The stock last traded at $101.20 and had previously closed at $101.08.

iShares 0-5 Year TIPS Bond ETF Stock Performance

The company’s 50 day moving average price is $100.73 and its two-hundred day moving average price is $100.49.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in STIP. Ridgewood Investments LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 33.0% in the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after acquiring an additional 203 shares during the period. Peterson Financial Group Inc. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth approximately $177,000. Coldstream Capital Management Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $200,000. CWA Asset Management Group LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $204,000. Finally, W.H. Cornerstone Investments Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF in the third quarter worth approximately $205,000.

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.