iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Trading 0% Higher – Still a Buy?

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID)’s share price shot up 0% during mid-day trading on Tuesday . The company traded as high as $25.78 and last traded at $25.78. 2,051 shares traded hands during trading, a decline of 70% from the average session volume of 6,743 shares. The stock had previously closed at $25.77.

iShares iBonds Oct 2027 Term TIPS ETF Price Performance

The stock’s 50-day moving average price is $25.61 and its 200 day moving average price is $25.63.

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

Several hedge funds and other institutional investors have recently made changes to their positions in IBID. Quantum Financial Advisors LLC lifted its stake in shares of iShares iBonds Oct 2027 Term TIPS ETF by 10.1% in the 4th quarter. Quantum Financial Advisors LLC now owns 188,275 shares of the company’s stock valued at $4,803,000 after purchasing an additional 17,313 shares during the last quarter. Jane Street Group LLC lifted its position in iShares iBonds Oct 2027 Term TIPS ETF by 21.5% in the third quarter. Jane Street Group LLC now owns 40,631 shares of the company’s stock valued at $1,053,000 after buying an additional 7,190 shares during the last quarter. Bradley & Co. Private Wealth Management LLC purchased a new position in iShares iBonds Oct 2027 Term TIPS ETF during the fourth quarter worth about $364,000. Finally, CENTRAL TRUST Co acquired a new stake in shares of iShares iBonds Oct 2027 Term TIPS ETF during the fourth quarter valued at about $209,000.

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.