iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Trading Down 0.2% – Should You Sell?

Shares of iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) fell 0.2% on Monday . The company traded as low as $26.10 and last traded at $26.10. 12,486 shares traded hands during trading, an increase of 81% from the average session volume of 6,910 shares. The stock had previously closed at $26.15.

iShares iBonds Oct 2033 Term TIPS ETF Price Performance

The company has a 50-day simple moving average of $26.13 and a 200-day simple moving average of $26.12.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC boosted its stake in shares of iShares iBonds Oct 2033 Term TIPS ETF by 16.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 26,275 shares of the company’s stock worth $693,000 after acquiring an additional 3,630 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of iShares iBonds Oct 2033 Term TIPS ETF by 55.1% in the 1st quarter. Jane Street Group LLC now owns 39,863 shares of the company’s stock worth $1,041,000 after acquiring an additional 14,168 shares during the period. 4Thought Financial Group Inc. purchased a new position in iShares iBonds Oct 2033 Term TIPS ETF in the 1st quarter valued at approximately $350,000. Quantum Financial Advisors LLC raised its holdings in iShares iBonds Oct 2033 Term TIPS ETF by 2.2% during the fourth quarter. Quantum Financial Advisors LLC now owns 131,761 shares of the company’s stock worth $3,406,000 after purchasing an additional 2,866 shares during the last quarter. Finally, Bradley & Co. Private Wealth Management LLC acquired a new position in iShares iBonds Oct 2033 Term TIPS ETF during the third quarter worth $279,000.

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.