Noteworthy Influx: iShares 0-5 Year TIPS Bond ETF Sees $376.9 Million Surge

Substantial Increase in Outstanding Units Highlights Investor Interest

This week, the iShares 0-5 Year TIPS Bond ETF (Symbol: STIP) is making waves with a remarkable inflow of approximately $376.9 million. This marks a 4.9% week-over-week increase in outstanding units, rising from 76,750,000 to 80,500,000.

The accompanying chart illustrates STIP’s price performance over the past year, contrasted with its 200-day moving average:

Over the past year, STIP has fluctuated between a low of $96.8401 and a high of $101.52, with its most recent trading price standing at $100.64. Evaluating the share price against the 200-day moving average can serve as a valuable technical analysis tool — learn more about the 200-day moving average.

Exchange-traded funds (ETFs) function similarly to stocks; however, investors are actually trading ‘units’ instead of ‘shares.’ These units can be bought and sold just like stocks and can also be created or dissolved based on investor demand. Weekly monitoring of outstanding shares helps identify ETFs experiencing significant inflows (new units created) or outflows (units destroyed). When new units are created, the ETF must buy the underlying assets, while destroying units involves selling the underlying assets. Thus, notable flows can influence the individual components within these ETFs.

Click here to find out which 9 other ETFs had notable inflows »

Also see:

• NPCE Average Annual Return
• ALTS shares outstanding history
• NRBO Average Annual Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.