iShares TIPS Bond ETF (NYSEARCA:TIP) Sees Unusually-High Trading Volume

iShares TIPS Bond ETF (NYSEARCA:TIP) shares saw unusually-high trading volume on Friday . Approximately 4,190,586 shares changed hands during trading, an increase of 95% from the previous session’s volume of 2,143,688 shares.The stock last traded at $106.27 and had previously closed at $105.75.

iShares TIPS Bond ETF Trading Up 0.3 %

The business’s 50 day moving average price is $106.65 and its 200-day moving average price is $105.75.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Coppell Advisory Solutions Corp. acquired a new position in iShares TIPS Bond ETF during the fourth quarter worth about $26,000. Fortis Group Advisors LLC acquired a new position in iShares TIPS Bond ETF during the third quarter worth about $27,000. Trifecta Capital Advisors LLC acquired a new position in iShares TIPS Bond ETF during the fourth quarter worth about $27,000. Fortis Capital Advisors LLC acquired a new position in iShares TIPS Bond ETF during the fourth quarter worth about $28,000. Finally, Life Planning Partners Inc acquired a new position in iShares TIPS Bond ETF during the fourth quarter worth about $30,000.

iShares TIPS Bond ETF Company Profile

iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index).