iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Shares Down 0% – Here’s Why

Shares of iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) fell 0% on Friday . The company traded as low as $25.65 and last traded at $25.66. 37,845 shares traded hands during trading, an increase of 168% from the average daily volume of 14,108 shares. The stock had previously closed at $25.67.

iShares iBonds Oct 2031 Term TIPS ETF Trading Down 0.0%

The company has a 50-day moving average price of $25.84 and a two-hundred day moving average price of $26.14.

Institutional Trading of iShares iBonds Oct 2031 Term TIPS ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IBIH. Steward Partners Investment Advisory LLC lifted its stake in iShares iBonds Oct 2031 Term TIPS ETF by 34.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,871 shares of the company’s stock worth $75,000 after purchasing an additional 741 shares in the last quarter. Osaic Holdings Inc. grew its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 25.3% during the 4th quarter. Osaic Holdings Inc. now owns 8,406 shares of the company’s stock valued at $219,000 after purchasing an additional 1,698 shares in the last quarter. 4Thought Financial Group Inc. purchased a new position in shares of iShares iBonds Oct 2031 Term TIPS ETF during the 1st quarter valued at $351,000. LPL Financial LLC increased its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 52.1% in the fourth quarter. LPL Financial LLC now owns 16,025 shares of the company’s stock worth $417,000 after purchasing an additional 5,491 shares during the period. Finally, IFG Advisory LLC bought a new position in shares of iShares iBonds Oct 2031 Term TIPS ETF in the fourth quarter worth $494,000.

About iShares iBonds Oct 2031 Term TIPS ETF

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.