iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Shares Up 0.1% – What’s Next?

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) shot up 0.1% during trading on Monday . The stock traded as high as $26.27 and last traded at $26.27. 9,830 shares were traded during mid-day trading, a decline of 53% from the average session volume of 20,904 shares. The stock had previously closed at $26.25.

iShares iBonds Oct 2028 Term TIPS ETF Stock Up 0.1%

The firm’s 50-day simple moving average is $26.13 and its 200 day simple moving average is $26.03.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. TRUE Private Wealth Advisors bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF in the second quarter valued at approximately $42,683,000. Addison Advisors LLC bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF in the second quarter valued at approximately $2,403,000. Goldman Sachs Group Inc. bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF in the first quarter valued at approximately $908,000. Penobscot Investment Management Company Inc. bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF in the second quarter valued at approximately $880,000. Finally, Quantum Financial Advisors LLC boosted its holdings in shares of iShares iBonds Oct 2028 Term TIPS ETF by 16.1% in the first quarter. Quantum Financial Advisors LLC now owns 208,325 shares of the company’s stock valued at $5,471,000 after acquiring an additional 28,950 shares in the last quarter.

About iShares iBonds Oct 2028 Term TIPS ETF

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.