iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Shares Down 0.2% – Here’s What Happened

Shares of iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) traded down 0.2% on Monday . The stock traded as low as $25.32 and last traded at $25.33. Approximately 11,406 shares traded hands during trading, an increase of 46% from the average daily volume of 7,828 shares. The stock had previously closed at $25.37.

iShares iBonds Oct 2033 Term TIPS ETF Price Performance

The firm has a 50 day moving average of $25.87 and a two-hundred day moving average of $26.02.

Hedge Funds Weigh In On iShares iBonds Oct 2033 Term TIPS ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Quantum Financial Advisors LLC lifted its stake in iShares iBonds Oct 2033 Term TIPS ETF by 2.2% in the 4th quarter. Quantum Financial Advisors LLC now owns 131,761 shares of the company’s stock valued at $3,406,000 after purchasing an additional 2,866 shares during the last quarter. Jane Street Group LLC grew its stake in shares of iShares iBonds Oct 2033 Term TIPS ETF by 55.1% during the first quarter. Jane Street Group LLC now owns 39,863 shares of the company’s stock worth $1,041,000 after buying an additional 14,168 shares during the last quarter. Flow Traders U.S. LLC increased its holdings in shares of iShares iBonds Oct 2033 Term TIPS ETF by 16.0% during the third quarter. Flow Traders U.S. LLC now owns 26,275 shares of the company’s stock worth $693,000 after buying an additional 3,630 shares in the last quarter. Finally, 4Thought Financial Group Inc. acquired a new position in shares of iShares iBonds Oct 2033 Term TIPS ETF during the first quarter worth $350,000.

About iShares iBonds Oct 2033 Term TIPS ETF

The iShares iBonds Oct 2033 Term TIPS ETF (IBIJ) 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 2033. The fund will terminate in October 2033 IBIJ was launched on Sep 19, 2023 and is issued by BlackRock.