iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Shares Down 0.1% – Here’s What Happened

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE)’s stock price traded down 0.1% during trading on Tuesday . The stock traded as low as $25.72 and last traded at $25.72. Approximately 16,556 shares traded hands during trading, a decline of 47% from the average daily volume of 31,333 shares. The stock had previously closed at $25.74.

iShares iBonds Oct 2028 Term TIPS ETF Trading Down 0.1%

The firm has a 50-day moving average of $26.17 and a 200 day moving average of $26.17.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC acquired a new stake in iShares iBonds Oct 2028 Term TIPS ETF during the 4th quarter valued at $30,000. McIlrath & Eck LLC purchased a new stake in iShares iBonds Oct 2028 Term TIPS ETF during the 1st quarter worth $42,000. Osaic Holdings Inc. lifted its holdings in iShares iBonds Oct 2028 Term TIPS ETF by 177.9% in the 2nd quarter. Osaic Holdings Inc. now owns 1,737 shares of the company’s stock worth $46,000 after buying an additional 1,112 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iShares iBonds Oct 2028 Term TIPS ETF in the 2nd quarter worth $81,000. Finally, Farther Finance Advisors LLC purchased a new position in iShares iBonds Oct 2028 Term TIPS ETF in the 4th quarter valued at about $104,000.

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. IBIE was launched on Sep 13, 2023 and is issued by BlackRock.