iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) Stock Price Down 0.1% – Here’s What Happened

iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) shares traded down 0.1% during trading on Thursday . The company traded as low as $26.07 and last traded at $26.08. 15,574 shares traded hands during mid-day trading, a decline of 2% from the average session volume of 15,855 shares. The stock had previously closed at $26.10.

iShares iBonds Oct 2030 Term TIPS ETF Stock Performance

The stock has a 50-day moving average of $26.33 and a two-hundred day moving average of $26.43.

Hedge Funds Weigh In On iShares iBonds Oct 2030 Term TIPS ETF

Several large investors have recently modified their holdings of the stock. TRUE Private Wealth Advisors bought a new position in iShares iBonds Oct 2030 Term TIPS ETF in the 2nd quarter worth about $39,329,000. D.A. Davidson & CO. purchased a new position in iShares iBonds Oct 2030 Term TIPS ETF in the second quarter worth about $2,652,000. Quantum Financial Advisors LLC raised its holdings in iShares iBonds Oct 2030 Term TIPS ETF by 11.4% in the third quarter. Quantum Financial Advisors LLC now owns 192,684 shares of the company’s stock worth $5,141,000 after buying an additional 19,769 shares during the last quarter. NewEdge Advisors LLC bought a new position in shares of iShares iBonds Oct 2030 Term TIPS ETF in the third quarter worth approximately $413,000. Finally, IFG Advisory LLC purchased a new stake in shares of iShares iBonds Oct 2030 Term TIPS ETF during the third quarter valued at approximately $337,000.

iShares iBonds Oct 2030 Term TIPS ETF Company Profile

The iShares iBonds Oct 2030 Term TIPS ETF (IBIG) 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 2030. The fund will terminate in October 2030 IBIG was launched on Sep 19, 2023 and is issued by BlackRock.