Quantum Financial Advisors LLC Boosts Position in iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF)

Quantum Financial Advisors LLC grew its holdings in shares of iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) by 8.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 145,849 shares of the company’s stock after purchasing an additional 11,848 shares during the period. iShares iBonds Oct 2029 Term TIPS ETF comprises 0.6% of Quantum Financial Advisors LLC’s investment portfolio, making the stock its 29th largest holding. Quantum Financial Advisors LLC owned about 0.32% of iShares iBonds Oct 2029 Term TIPS ETF worth $3,823,000 as of its most recent SEC filing.

Separately, ARK & TLK Investments LLC acquired a new position in shares of iShares iBonds Oct 2029 Term TIPS ETF during the 4th quarter valued at $275,000.

iShares iBonds Oct 2029 Term TIPS ETF Stock Down 0.7 %

NYSEARCA IBIF traded down $0.18 during trading hours on Friday, hitting $25.82. The company had a trading volume of 2,051 shares, compared to its average volume of 3,828. The firm’s 50 day moving average is $25.93 and its 200 day moving average is $25.63. iShares iBonds Oct 2029 Term TIPS ETF has a fifty-two week low of $24.57 and a fifty-two week high of $26.28.

About iShares iBonds Oct 2029 Term TIPS ETF

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.