iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Trading Up 0.1% – Here’s Why

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF)’s share price shot up 0.1% during trading on Monday . The stock traded as high as $26.24 and last traded at $26.23. 16,262 shares changed hands during trading, a decline of 17% from the average session volume of 19,670 shares. The stock had previously closed at $26.20.

iShares iBonds Oct 2029 Term TIPS ETF Trading Up 0.1%

The stock’s fifty day moving average price is $26.11 and its 200 day moving average price is $26.30.

Hedge Funds Weigh In On iShares iBonds Oct 2029 Term TIPS ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IBIF. CENTRAL TRUST Co boosted its position in shares of iShares iBonds Oct 2029 Term TIPS ETF by 228.6% in the 4th quarter. CENTRAL TRUST Co now owns 77,054 shares of the company’s stock worth $2,005,000 after purchasing an additional 53,606 shares in the last quarter. Susquehanna International Group LLP bought a new position in iShares iBonds Oct 2029 Term TIPS ETF during the 3rd quarter valued at approximately $1,246,000. Quantum Financial Advisors LLC raised its stake in iShares iBonds Oct 2029 Term TIPS ETF by 22.4% during the third quarter. Quantum Financial Advisors LLC now owns 227,910 shares of the company’s stock valued at $6,045,000 after buying an additional 41,732 shares during the last quarter. Jane Street Group LLC boosted its holdings in iShares iBonds Oct 2029 Term TIPS ETF by 378.2% in the fourth quarter. Jane Street Group LLC now owns 45,981 shares of the company’s stock worth $1,197,000 after acquiring an additional 36,365 shares in the last quarter. Finally, Flow Traders U.S. LLC grew its stake in shares of iShares iBonds Oct 2029 Term TIPS ETF by 295.8% in the third quarter. Flow Traders U.S. LLC now owns 36,530 shares of the company’s stock worth $969,000 after acquiring an additional 27,300 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.