iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Shares Down 0.1% – Here’s Why

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) dropped 0.1% during trading on Friday . The company traded as low as $25.31 and last traded at $25.31. Approximately 14,894 shares were traded during trading, an increase of 208% from the average daily volume of 4,840 shares. The stock had previously closed at $25.33.

iShares iBonds Oct 2028 Term TIPS ETF Stock Performance

The business’s 50-day simple moving average is $25.57 and its 200 day simple moving average is $25.63.

Hedge Funds Weigh In On iShares iBonds Oct 2028 Term TIPS ETF

An institutional investor recently raised its position in iShares iBonds Oct 2028 Term TIPS ETF stock. Quantum Financial Advisors LLC boosted its stake in iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) by 5.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 161,800 shares of the company’s stock after purchasing an additional 8,571 shares during the period. iShares iBonds Oct 2028 Term TIPS ETF comprises 0.7% of Quantum Financial Advisors LLC’s investment portfolio, making the stock its 25th largest position. Quantum Financial Advisors LLC owned 26.97% of iShares iBonds Oct 2028 Term TIPS ETF worth $4,217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares iBonds Oct 2028 Term TIPS ETF Company Profile

The iShares iBonds Oct 2028 Term TIPS ETF (IBIE) 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 2028. The fund will terminate in October 2028.