iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Stock Price Up 0.1% – Time to Buy?

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) rose 0.1% on Tuesday . The stock traded as high as $26.37 and last traded at $26.35. Approximately 28,219 shares changed hands during trading, an increase of 41% from the average daily volume of 20,048 shares. The stock had previously closed at $26.32.

iShares iBonds Oct 2029 Term TIPS ETF Price Performance

The business has a 50-day moving average of $26.32 and a 200-day moving average of $26.24.

Institutional Trading of iShares iBonds Oct 2029 Term TIPS ETF

A number of institutional investors have recently bought and sold shares of IBIF. CENTRAL TRUST Co lifted its position in iShares iBonds Oct 2029 Term TIPS ETF by 228.6% in the fourth quarter. CENTRAL TRUST Co now owns 77,054 shares of the company’s stock worth $2,005,000 after buying an additional 53,606 shares during the last quarter. Susquehanna International Group LLP purchased a new stake in iShares iBonds Oct 2029 Term TIPS ETF in the third quarter worth $1,246,000. Jane Street Group LLC increased its stake in iShares iBonds Oct 2029 Term TIPS ETF by 378.2% in the fourth quarter. Jane Street Group LLC now owns 45,981 shares of the company’s stock worth $1,197,000 after purchasing an additional 36,365 shares during the period. Flow Traders U.S. LLC increased its stake in iShares iBonds Oct 2029 Term TIPS ETF by 295.8% in the third quarter. Flow Traders U.S. LLC now owns 36,530 shares of the company’s stock worth $969,000 after purchasing an additional 27,300 shares during the period. Finally, Osaic Holdings Inc. increased its stake in iShares iBonds Oct 2029 Term TIPS ETF by 249.4% in the fourth quarter. Osaic Holdings Inc. now owns 37,812 shares of the company’s stock worth $984,000 after purchasing an additional 26,989 shares during the period.

iShares iBonds Oct 2029 Term TIPS ETF Company Profile

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.