iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Trading Up 0.3% – Still a Buy?

Shares of iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) were up 0.3% on Wednesday . The stock traded as high as $26.05 and last traded at $26.05. Approximately 1,996 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 5,373 shares. The stock had previously closed at $25.97.

iShares iBonds Oct 2028 Term TIPS ETF Price Performance

The company has a 50-day moving average price of $25.75 and a two-hundred day moving average price of $25.70.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. CENTRAL TRUST Co bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF in the 4th quarter worth about $293,000. Jim Saulnier & Associates LLC acquired a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the 3rd quarter valued at about $329,000. Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the 4th quarter valued at about $350,000. Citadel Advisors LLC acquired a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the 4th quarter valued at about $582,000. Finally, Quantum Financial Advisors LLC grew its stake in shares of iShares iBonds Oct 2028 Term TIPS ETF by 10.9% in the 4th quarter. Quantum Financial Advisors LLC now owns 179,375 shares of the company’s stock valued at $4,558,000 after buying an additional 17,575 shares during the period.

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.