iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Shares Up 0.4% – Should You Buy?

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) shares were up 0.4% on Wednesday . The company traded as high as $26.12 and last traded at $26.11. Approximately 3,812 shares were traded during trading, a decline of 32% from the average daily volume of 5,611 shares. The stock had previously closed at $26.01.

iShares iBonds Oct 2029 Term TIPS ETF Trading Up 0.1 %

The business’s fifty day moving average is $25.78 and its two-hundred day moving average is $25.75.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Quantum Financial Advisors LLC increased its position in iShares iBonds Oct 2029 Term TIPS ETF by 7.6% during the 4th quarter. Quantum Financial Advisors LLC now owns 156,925 shares of the company’s stock valued at $3,981,000 after purchasing an additional 11,076 shares during the period. Park Avenue Securities LLC purchased a new position in iShares iBonds Oct 2029 Term TIPS ETF during the 4th quarter valued at about $262,000. Bradley & Co. Private Wealth Management LLC purchased a new position in iShares iBonds Oct 2029 Term TIPS ETF during the 4th quarter valued at about $196,000. CENTRAL TRUST Co purchased a new position in shares of iShares iBonds Oct 2029 Term TIPS ETF in the 4th quarter worth approximately $393,000. Finally, Robertson Stephens Wealth Management LLC grew its position in shares of iShares iBonds Oct 2029 Term TIPS ETF by 6.8% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 62,263 shares of the company’s stock worth $1,580,000 after buying an additional 3,955 shares during the last quarter.

iShares iBonds Oct 2029 Term TIPS ETF Company Profile

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.