iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Shares Down 0.2% – Time to Sell?

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) shares traded down 0.2% during trading on Monday . The stock traded as low as $25.32 and last traded at $25.33. Approximately 11,406 shares changed hands during mid-day trading, an increase of 46% from the average daily volume of 7,828 shares. The stock had previously closed at $25.37.

iShares iBonds Oct 2033 Term TIPS ETF Price Performance

The business has a 50-day moving average of $25.89 and a 200 day moving average of $26.02.

Institutional Investors Weigh In On iShares iBonds Oct 2033 Term TIPS ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Quantum Financial Advisors LLC increased its holdings in shares of iShares iBonds Oct 2033 Term TIPS ETF by 52.1% during the second quarter. Quantum Financial Advisors LLC now owns 24,736 shares of the company’s stock valued at $645,000 after acquiring an additional 8,472 shares in the last quarter. 4Thought Financial Group Inc. bought a new position in shares of iShares iBonds Oct 2033 Term TIPS ETF in the 1st quarter worth $350,000. Jane Street Group LLC bought a new position in shares of iShares iBonds Oct 2033 Term TIPS ETF in the 4th quarter worth $533,000. Finally, Flow Traders U.S. LLC grew its position in iShares iBonds Oct 2033 Term TIPS ETF by 16.0% in the 3rd quarter. Flow Traders U.S. LLC now owns 26,275 shares of the company’s stock valued at $693,000 after purchasing an additional 3,630 shares during the period.

iShares iBonds Oct 2033 Term TIPS ETF Company Profile

The iShares iBonds Oct 2033 Term TIPS ETF (IBIJ) 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 2033. The fund will terminate in October 2033 IBIJ was launched on Sep 19, 2023 and is issued by BlackRock.