iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Shares Up 0.1% – Here’s Why

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) rose 0.1% during trading on Friday . The company traded as high as $25.76 and last traded at $25.72. 36,334 shares traded hands during trading, an increase of 82% from the average session volume of 19,947 shares. The stock had previously closed at $25.69.

iShares iBonds Oct 2029 Term TIPS ETF Price Performance

The stock’s 50-day simple moving average is $25.98 and its two-hundred day simple moving average is $26.17.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Parallel Advisors LLC purchased a new stake in iShares iBonds Oct 2029 Term TIPS ETF in the 4th quarter worth $30,000. Osaic Holdings Inc. lifted its position in shares of iShares iBonds Oct 2029 Term TIPS ETF by 169.8% in the second quarter. Osaic Holdings Inc. now owns 1,686 shares of the company’s stock valued at $45,000 after acquiring an additional 1,061 shares in the last quarter. McIlrath & Eck LLC purchased a new position in shares of iShares iBonds Oct 2029 Term TIPS ETF in the first quarter valued at about $46,000. Steward Partners Investment Advisory LLC boosted its stake in shares of iShares iBonds Oct 2029 Term TIPS ETF by 118.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 9,802 shares of the company’s stock worth $255,000 after acquiring an additional 5,309 shares during the period. Finally, Jane Street Group LLC boosted its stake in shares of iShares iBonds Oct 2029 Term TIPS ETF by 14.3% in the first quarter. Jane Street Group LLC now owns 11,689 shares of the company’s stock worth $308,000 after acquiring an additional 1,462 shares during the period.

About iShares iBonds Oct 2029 Term TIPS ETF

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.