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

Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) hit a new 52-week low on Monday . The company 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 firm’s 50 day simple moving average is $102.14 and its 200-day simple moving average is $102.82.

Institutional Trading of iShares 0-5 Year TIPS Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Chapman Financial Group LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at about $26,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $27,000. Caldwell Trust Co acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $29,000. Kingdom Financial Group LLC. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $29,000. Finally, Beacon Financial Strategies CORP purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at about $38,000.

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.