iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Short Interest Update

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 194,160 shares, a decline of 47.7% from the April 15th total of 371,262 shares. Based on an average trading volume of 1,019,459 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in STIP. Adventist Health System Sunbelt Healthcare Corp grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 113.7% during 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 acquiring an additional 830,200 shares during the period. Bank of America Corp DE raised its stake in iShares 0-5 Year TIPS Bond ETF by 71.1% during the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after acquiring an additional 671,145 shares during the period. Beacon Pointe Advisors LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 190.8% during the fourth quarter. Beacon Pointe Advisors LLC now owns 556,671 shares of the company’s stock valued at $56,997,000 after purchasing an additional 365,234 shares in the last quarter. SB Capital Management Inc purchased a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $36,983,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 155.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock worth $51,995,000 after purchasing an additional 305,961 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0%

Shares of NYSEARCA:STIP traded down $0.05 during midday trading on Friday, hitting $103.56. The company had a trading volume of 1,261,436 shares, compared to its average volume of 1,340,123. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.98 and a 12-month high of $104.16. The company has a fifty day moving average of $103.52 and a two-hundred day moving average of $103.03.

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.