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

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII)’s stock price 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 were traded during mid-day trading, an increase of 27% from the average daily volume of 10,848 shares. The stock had previously closed at $25.38.

iShares iBonds Oct 2032 Term TIPS ETF Trading Down 0.1%

The firm has a fifty day moving average of $25.80 and a 200-day moving average of $25.92.

Institutional Trading of iShares iBonds Oct 2032 Term TIPS ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IBII. Jane Street Group LLC increased its stake in shares of iShares iBonds Oct 2032 Term TIPS ETF by 79.6% during the 1st quarter. Jane Street Group LLC now owns 41,022 shares of the company’s stock worth $1,069,000 after purchasing an additional 18,184 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of 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 buying an additional 463 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of iShares iBonds Oct 2032 Term TIPS ETF during the 3rd quarter worth approximately $1,645,000. Quantum Financial Advisors LLC increased its holdings in shares of iShares iBonds Oct 2032 Term TIPS ETF by 8.7% during the 4th quarter. Quantum Financial Advisors LLC now owns 143,997 shares of the company’s stock worth $3,704,000 after acquiring an additional 11,544 shares during the last quarter. Finally, CENTRAL TRUST Co increased its holdings in shares of 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. 0.16% of the stock is owned by institutional investors.

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.