Quantum Financial Advisors LLC Buys 8,203 Shares of iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID)

Quantum Financial Advisors LLC boosted its stake in iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) by 5.0% in the third quarter, HoldingsChannel reports. The firm owned 170,962 shares of the company’s stock after acquiring an additional 8,203 shares during the period. iShares iBonds Oct 2027 Term TIPS ETF makes up approximately 0.7% of Quantum Financial Advisors LLC’s holdings, making the stock its 24th largest holding. Quantum Financial Advisors LLC owned about 0.31% of iShares iBonds Oct 2027 Term TIPS ETF worth $4,430,000 at the end of the most recent quarter.

iShares iBonds Oct 2027 Term TIPS ETF Price Performance

Shares of NYSEARCA IBID traded down $0.11 during midday trading on Friday, hitting $25.62. 4,048 shares of the stock traded hands, compared to its average volume of 4,181. iShares iBonds Oct 2027 Term TIPS ETF has a one year low of $24.71 and a one year high of $26.48. The firm has a 50-day moving average of $25.69 and a two-hundred day moving average of $25.52.

About iShares iBonds Oct 2027 Term TIPS ETF

The iShares iBonds Oct 2027 Term TIPS ETF (IBID) 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 2027. The fund will terminate in October 2027.