iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Stock Price Down 0.2% – What’s Next?

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF)’s stock price dropped 0.2% on Monday . The company traded as low as $25.57 and last traded at $25.59. Approximately 3,384 shares traded hands during trading, a decline of 9% from the average daily volume of 3,739 shares. The stock had previously closed at $25.64.

iShares iBonds Oct 2029 Term TIPS ETF Stock Performance

The business has a 50 day moving average price of $25.95 and a two-hundred day moving average price of $25.67.

Institutional Trading of iShares iBonds Oct 2029 Term TIPS ETF

An institutional investor recently raised its position in iShares iBonds Oct 2029 Term TIPS ETF stock. Quantum Financial Advisors LLC lifted its holdings in shares of iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) by 4.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 134,001 shares of the company’s stock after acquiring an additional 6,038 shares during the quarter. Quantum Financial Advisors LLC owned approximately 29.78% of iShares iBonds Oct 2029 Term TIPS ETF worth $3,453,000 as of its most recent filing with the Securities & Exchange Commission.

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.