iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Trading 0.4% Higher – Time to Buy?

Shares of iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) traded up 0.4% during mid-day trading on Wednesday . The company traded as high as $26.12 and last traded at $26.11. 3,812 shares traded hands during trading, a decline of 32% from the average session volume of 5,611 shares. The stock had previously closed at $26.01.

iShares iBonds Oct 2029 Term TIPS ETF Trading Up 0.4 %

The business’s fifty day simple moving average is $25.76 and its 200-day simple moving average is $25.75.

Institutional Investors Weigh In On iShares iBonds Oct 2029 Term TIPS ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Quantum Financial Advisors LLC increased its holdings in shares of iShares iBonds Oct 2029 Term TIPS ETF by 7.6% in the fourth quarter. Quantum Financial Advisors LLC now owns 156,925 shares of the company’s stock worth $3,981,000 after purchasing an additional 11,076 shares during the period. Robertson Stephens Wealth Management LLC increased its holdings in shares of iShares iBonds Oct 2029 Term TIPS ETF by 6.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 62,263 shares of the company’s stock worth $1,580,000 after purchasing an additional 3,955 shares during the period. Flow Traders U.S. LLC increased its holdings in shares of iShares iBonds Oct 2029 Term TIPS ETF by 74.6% in the third quarter. Flow Traders U.S. LLC now owns 35,284 shares of the company’s stock worth $925,000 after purchasing an additional 15,079 shares during the period. CENTRAL TRUST Co bought a new position in shares of iShares iBonds Oct 2029 Term TIPS ETF in the fourth quarter worth $393,000. Finally, Jim Saulnier & Associates LLC bought a new position in shares of iShares iBonds Oct 2029 Term TIPS ETF in the third quarter worth $306,000.

iShares iBonds Oct 2029 Term TIPS ETF Company Profile

The iShares iBonds Oct 2029 Term TIPS ETF (IBIF) 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 2029. The fund will terminate in October 2029 IBIF was launched on Sep 19, 2023 and is issued by BlackRock.