iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Trading at $24.97

Shares of iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) dropped 0% during trading on Tuesday. The company traded as low as $24.94 and last traded at $24.97. Approximately 54,528 shares were traded during trading, an increase of 167% from the average daily volume of 20,392 shares. The stock had previously closed at $24.98.

iShares iBonds Oct 2031 Term TIPS ETF Stock Performance

The company’s fifty day simple moving average is $25.36 and its two-hundred day simple moving average is $25.85.

Institutional Investors Weigh In On iShares iBonds Oct 2031 Term TIPS ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. CENTRAL TRUST Co lifted its position in iShares iBonds Oct 2031 Term TIPS ETF by 60.1% in the 1st quarter. CENTRAL TRUST Co now owns 66,566 shares of the company’s stock valued at $1,745,000 after acquiring an additional 24,999 shares in the last quarter. Yoder Wealth Management Inc. boosted its stake in iShares iBonds Oct 2031 Term TIPS ETF by 10.7% during the 1st quarter. Yoder Wealth Management Inc. now owns 143,728 shares of the company’s stock valued at $3,769,000 after purchasing an additional 13,918 shares during the last quarter. 4Thought Financial Group Inc. acquired a new position in iShares iBonds Oct 2031 Term TIPS ETF during the 1st quarter valued at about $351,000. Allworth Financial LP bought a new stake in iShares iBonds Oct 2031 Term TIPS ETF during the 2nd quarter worth approximately $224,000. Finally, Quantum Financial Advisors LLC increased its holdings in iShares iBonds Oct 2031 Term TIPS ETF by 3.8% during the 2nd quarter. Quantum Financial Advisors LLC now owns 234,139 shares of the company’s stock worth $6,156,000 after purchasing an additional 8,483 shares in the last quarter.

iShares iBonds Oct 2031 Term TIPS ETF Company Profile

The iShares iBonds Oct 2031 Term TIPS ETF (IBIH) 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 2031. The fund will terminate in October 2031 IBIH was launched on Sep 19, 2023 and is issued by BlackRock.