iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Trading 0.1% Higher – What’s Next?

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) shot up 0.1% during trading on Tuesday . The company traded as high as $25.09 and last traded at $25.09. 2,279 shares were traded during trading, a decline of 38% from the average session volume of 3,658 shares. The stock had previously closed at $25.06.

iShares iBonds Oct 2031 Term TIPS ETF Stock Up 0.1 %

The stock’s fifty day moving average is $25.60 and its two-hundred day moving average is $25.77.

Institutional Investors Weigh In On iShares iBonds Oct 2031 Term TIPS ETF

Several large investors have recently modified their holdings of the stock. Quantum Financial Advisors LLC raised its stake in iShares iBonds Oct 2031 Term TIPS ETF by 6.0% in the 3rd quarter. Quantum Financial Advisors LLC now owns 138,009 shares of the company’s stock valued at $3,641,000 after acquiring an additional 7,797 shares during the period. Yoder Wealth Management Inc. boosted its position in iShares iBonds Oct 2031 Term TIPS ETF by 27.2% during the third quarter. Yoder Wealth Management Inc. now owns 49,529 shares of the company’s stock worth $1,307,000 after purchasing an additional 10,590 shares during the period. Finally, Flow Traders U.S. LLC increased its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 77.7% in the third quarter. Flow Traders U.S. LLC now owns 35,096 shares of the company’s stock worth $926,000 after purchasing an additional 15,343 shares in the last quarter.

About iShares iBonds Oct 2031 Term TIPS ETF

The iShares iBonds Oct 2031 Term TIPS ETF (IBIH) 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 maturing between January and October 2031. The fund will terminate in October 2031 IBIH was launched on Sep 19, 2023 and is issued by BlackRock.