iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) Shares Down 0.2% – What’s Next?

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII)’s stock price were down 0.2% during mid-day trading on Monday . The company traded as low as $25.32 and last traded at $25.33. Approximately 13,821 shares traded hands during trading, an increase of 27% from the average session volume of 10,848 shares. The stock had previously closed at $25.38.

iShares iBonds Oct 2032 Term TIPS ETF Trading Down 0.2%

The company’s fifty day moving average price is $25.82 and its 200 day moving average price is $25.92.

Hedge Funds Weigh In On iShares iBonds Oct 2032 Term TIPS ETF

Hedge funds have recently added to or reduced their stakes in the stock. Quantum Financial Advisors LLC raised its holdings in iShares iBonds Oct 2032 Term TIPS ETF by 604.4% in the 2nd quarter. Quantum Financial Advisors LLC now owns 214,029 shares of the company’s stock valued at $5,565,000 after acquiring an additional 183,646 shares in the last quarter. 4Thought Financial Group Inc. acquired a new stake in shares of iShares iBonds Oct 2032 Term TIPS ETF during the 1st quarter worth $351,000. Yoder Wealth Management Inc. grew its holdings in shares of iShares iBonds Oct 2032 Term TIPS ETF by 69.8% during the 1st quarter. Yoder Wealth Management Inc. now owns 14,600 shares of the company’s stock worth $378,000 after purchasing an additional 6,000 shares in the last quarter. CENTRAL TRUST Co increased its position in shares of iShares iBonds Oct 2032 Term TIPS ETF by 78.9% in the first quarter. CENTRAL TRUST Co now owns 67,386 shares of the company’s stock worth $1,746,000 after purchasing an additional 29,724 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of iShares iBonds Oct 2032 Term TIPS ETF in the fourth quarter worth $251,000. Institutional investors own 0.16% of the company’s stock.

About iShares iBonds Oct 2032 Term TIPS ETF

The iShares iBonds Oct 2032 Term TIPS ETF (IBII) 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 2032. The fund will terminate in October 2032 IBII was launched on Sep 19, 2023 and is issued by BlackRock.