iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Stock Price Up 0.1% – Here’s Why

Shares of iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) traded up 0.1% during trading on Tuesday . The stock traded as high as $26.37 and last traded at $26.37. 45,760 shares traded hands during mid-day trading, an increase of 45% from the average session volume of 31,643 shares. The stock had previously closed at $26.34.

iShares iBonds Oct 2028 Term TIPS ETF Stock Up 0.1%

The company’s fifty day moving average price is $26.29 and its 200 day moving average price is $26.18.

Hedge Funds Weigh In On iShares iBonds Oct 2028 Term TIPS ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IBIE. Osaic Holdings Inc. raised its stake in shares of iShares iBonds Oct 2028 Term TIPS ETF by 177.9% during the second quarter. Osaic Holdings Inc. now owns 1,737 shares of the company’s stock worth $46,000 after acquiring an additional 1,112 shares in the last quarter. Creative Planning grew its holdings in shares of iShares iBonds Oct 2028 Term TIPS ETF by 10.0% in the second quarter. Creative Planning now owns 12,570 shares of the company’s stock worth $330,000 after purchasing an additional 1,144 shares during the last quarter. Parallel Advisors LLC bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF in the fourth quarter worth approximately $30,000. McIlrath & Eck LLC bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF in the first quarter worth approximately $42,000. Finally, MKT Advisors LLC grew its holdings in shares of iShares iBonds Oct 2028 Term TIPS ETF by 12.2% in the fourth quarter. MKT Advisors LLC now owns 17,535 shares of the company’s stock worth $456,000 after purchasing an additional 1,903 shares during the last quarter.

iShares iBonds Oct 2028 Term TIPS ETF Company Profile

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. IBIE was launched on Sep 13, 2023 and is issued by BlackRock.