iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Trading 0% Higher – Here’s What Happened

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF)’s stock price traded up 0% on Monday . The stock traded as high as $26.29 and last traded at $26.28. 29,627 shares were traded during mid-day trading, an increase of 246% from the average session volume of 8,572 shares. The stock had previously closed at $26.27.

iShares iBonds Oct 2029 Term TIPS ETF Price Performance

The firm’s 50 day moving average price is $26.46 and its two-hundred day moving average price is $26.29.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IBIF. Osaic Holdings Inc. raised its holdings in iShares iBonds Oct 2029 Term TIPS ETF by 169.8% during the second quarter. Osaic Holdings Inc. now owns 1,686 shares of the company’s stock worth $45,000 after buying an additional 1,061 shares during the last quarter. Allworth Financial LP acquired a new position in iShares iBonds Oct 2029 Term TIPS ETF during the first quarter worth $52,000. Steward Partners Investment Advisory LLC raised its holdings in iShares iBonds Oct 2029 Term TIPS ETF by 229.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 2,587 shares of the company’s stock worth $68,000 after buying an additional 1,801 shares during the last quarter. MKT Advisors LLC acquired a new position in iShares iBonds Oct 2029 Term TIPS ETF during the second quarter worth $301,000. Finally, Jane Street Group LLC raised its holdings in iShares iBonds Oct 2029 Term TIPS ETF by 14.3% during the first quarter. Jane Street Group LLC now owns 11,689 shares of the company’s stock worth $308,000 after buying an additional 1,462 shares during the last quarter.

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.