Jane Street Group LLC Sells 24,085 Shares of iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF)

Jane Street Group LLC lessened its stake in iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) by 70.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,227 shares of the company’s stock after selling 24,085 shares during the period. Jane Street Group LLC owned about 2.27% of iShares iBonds Oct 2029 Term TIPS ETF worth $259,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Robertson Stephens Wealth Management LLC grew its position in shares of iShares iBonds Oct 2029 Term TIPS ETF by 6.8% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 62,263 shares of the company’s stock valued at $1,580,000 after buying an additional 3,955 shares during the last quarter. Bradley & Co. Private Wealth Management LLC bought a new position in shares of iShares iBonds Oct 2029 Term TIPS ETF in the fourth quarter valued at approximately $196,000. Finally, CENTRAL TRUST Co bought a new stake in iShares iBonds Oct 2029 Term TIPS ETF during the fourth quarter worth $393,000.

iShares iBonds Oct 2029 Term TIPS ETF Trading Down 0.1%

Shares of NYSEARCA IBIF opened at $26.16 on Wednesday. iShares iBonds Oct 2029 Term TIPS ETF has a fifty-two week low of $25.20 and a fifty-two week high of $26.41. The stock has a fifty day moving average of $26.11 and a 200-day moving average of $25.84.

About iShares iBonds Oct 2029 Term TIPS ETF

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.