iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) Shares Down 0.2% – Here’s Why

Shares of iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) traded down 0.2% during mid-day trading on Monday . The company traded as low as $25.32 and last traded at $25.33. 13,821 shares changed hands during trading, an increase of 27% from the average session volume of 10,848 shares. The stock had previously closed at $25.38.

iShares iBonds Oct 2032 Term TIPS ETF Price Performance

The company’s 50 day moving average is $25.82 and its 200 day moving average is $25.92.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. CENTRAL TRUST Co grew its position in iShares iBonds Oct 2032 Term TIPS ETF by 1,882.2% during the 4th quarter. CENTRAL TRUST Co now owns 37,662 shares of the company’s stock worth $969,000 after acquiring an additional 35,762 shares during the last quarter. Quantum Financial Advisors LLC increased its holdings in iShares iBonds Oct 2032 Term TIPS ETF by 8.7% in the 4th quarter. Quantum Financial Advisors LLC now owns 143,997 shares of the company’s stock worth $3,704,000 after purchasing an additional 11,544 shares in the last quarter. Jane Street Group LLC acquired a new position in iShares iBonds Oct 2032 Term TIPS ETF in the 4th quarter worth about $251,000. Citadel Advisors LLC bought a new position in iShares iBonds Oct 2032 Term TIPS ETF in the third quarter valued at about $1,645,000. Finally, Osaic Holdings Inc. raised its position in iShares iBonds Oct 2032 Term TIPS ETF by 74.1% in the second quarter. Osaic Holdings Inc. now owns 1,088 shares of the company’s stock valued at $28,000 after purchasing an additional 463 shares during the last quarter. 0.16% of the stock is currently owned by institutional investors and hedge funds.

About iShares iBonds Oct 2032 Term TIPS ETF

The iShares iBonds Oct 2032 Term TIPS ETF (IBII) 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 2032. The fund will terminate in October 2032 IBII was launched on Sep 19, 2023 and is issued by BlackRock.