iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Stock Price Down 0.2% – Time to Sell?

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ)’s share price were down 0.2% on Monday . The company traded as low as $25.32 and last traded at $25.33. Approximately 11,406 shares traded hands during mid-day trading, an increase of 46% from the average daily volume of 7,828 shares. The stock had previously closed at $25.37.

iShares iBonds Oct 2033 Term TIPS ETF Trading Down 0.2%

The business’s fifty day moving average price is $25.89 and its 200-day moving average price is $26.02.

Hedge Funds Weigh In On iShares iBonds Oct 2033 Term TIPS ETF

Several large investors have recently added to or reduced their stakes in IBIJ. Quantum Financial Advisors LLC boosted its stake in iShares iBonds Oct 2033 Term TIPS ETF by 52.1% during the 2nd quarter. Quantum Financial Advisors LLC now owns 24,736 shares of the company’s stock valued at $645,000 after purchasing an additional 8,472 shares during the last quarter. Jane Street Group LLC bought a new stake in iShares iBonds Oct 2033 Term TIPS ETF during the 4th quarter worth approximately $533,000. Flow Traders U.S. LLC increased its holdings in iShares iBonds Oct 2033 Term TIPS ETF by 16.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 26,275 shares of the company’s stock worth $693,000 after purchasing an additional 3,630 shares in the last quarter. Finally, 4Thought Financial Group Inc. purchased a new stake in shares of iShares iBonds Oct 2033 Term TIPS ETF in the first quarter worth approximately $350,000.

iShares iBonds Oct 2033 Term TIPS ETF Company Profile

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.