iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Shares Up 0.2% – Here’s Why

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) shot up 0.2% on Friday . The stock traded as high as $25.59 and last traded at $25.56. 7,740 shares changed hands during mid-day trading, an increase of 141% from the average session volume of 3,214 shares. The stock had previously closed at $25.51.

iShares iBonds Oct 2033 Term TIPS ETF Price Performance

The stock has a 50-day moving average price of $25.97 and a two-hundred day moving average price of $25.67.

Institutional Investors Weigh In On iShares iBonds Oct 2033 Term TIPS ETF

A hedge fund recently raised its stake in iShares iBonds Oct 2033 Term TIPS ETF stock. ARK & TLK Investments LLC boosted its stake in iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) by 13.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,040 shares of the company’s stock after buying an additional 7,703 shares during the period. iShares iBonds Oct 2033 Term TIPS ETF accounts for approximately 0.5% of ARK & TLK Investments LLC’s portfolio, making the stock its 28th largest position. ARK & TLK Investments LLC owned 10.67% of iShares iBonds Oct 2033 Term TIPS ETF worth $1,648,000 at the end of the most recent reporting period.

About iShares iBonds Oct 2033 Term TIPS ETF

The iShares iBonds Oct 2033 Term TIPS ETF (IBIJ) 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 2033. The fund will terminate in October 2033 IBIJ was launched on Sep 19, 2023 and is issued by BlackRock.