iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Stock Price Up 0.1% – Here’s Why

Shares of iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) rose 0.1% during trading on Monday . The stock traded as high as $25.49 and last traded at $25.49. Approximately 2,623 shares traded hands during trading, a decline of 50% from the average daily volume of 5,244 shares. The stock had previously closed at $25.46.

iShares iBonds Oct 2027 Term TIPS ETF Trading Up 0.1 %

The company’s 50-day simple moving average is $25.61 and its 200 day simple moving average is $25.60.

Institutional Investors Weigh In On iShares iBonds Oct 2027 Term TIPS ETF

A hedge fund recently raised its stake in iShares iBonds Oct 2027 Term TIPS ETF stock. Jane Street Group LLC lifted its holdings in iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) by 21.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,631 shares of the company’s stock after purchasing an additional 7,190 shares during the period. Jane Street Group LLC owned about 7.39% of iShares iBonds Oct 2027 Term TIPS ETF worth $1,053,000 as of its most recent filing with the Securities & Exchange Commission.

iShares iBonds Oct 2027 Term TIPS ETF Company Profile

The iShares iBonds Oct 2027 Term TIPS ETF (IBID) 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 2027. The fund will terminate in October 2027.