iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Stock Price Down 0% – Here’s Why

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID)’s share price traded down 0% during trading on Monday . The company traded as low as $25.70 and last traded at $25.71. Approximately 46,452 shares changed hands during mid-day trading, an increase of 62% from the average session volume of 28,726 shares. The stock had previously closed at $25.72.

iShares iBonds Oct 2027 Term TIPS ETF Stock Performance

The firm has a fifty day moving average price of $26.00 and a 200 day moving average price of $26.02.

Institutional Investors Weigh In On iShares iBonds Oct 2027 Term TIPS ETF

A number of hedge funds have recently added to or reduced their stakes in IBID. Quantum Financial Advisors LLC increased its position in iShares iBonds Oct 2027 Term TIPS ETF by 6.7% in the 2nd quarter. Quantum Financial Advisors LLC now owns 365,365 shares of the company’s stock valued at $9,587,000 after acquiring an additional 22,856 shares in the last quarter. Addison Advisors LLC lifted its position in shares of iShares iBonds Oct 2027 Term TIPS ETF by 7.3% during the fourth quarter. Addison Advisors LLC now owns 105,972 shares of the company’s stock worth $2,734,000 after purchasing an additional 7,196 shares in the last quarter. LPL Financial LLC grew its stake in shares of iShares iBonds Oct 2027 Term TIPS ETF by 148.1% during the fourth quarter. LPL Financial LLC now owns 39,222 shares of the company’s stock valued at $1,012,000 after purchasing an additional 23,414 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of iShares iBonds Oct 2027 Term TIPS ETF by 92.3% in the first quarter. Jane Street Group LLC now owns 32,497 shares of the company’s stock valued at $854,000 after purchasing an additional 15,602 shares in the last quarter. Finally, Creative Planning increased its holdings in shares of iShares iBonds Oct 2027 Term TIPS ETF by 27.9% in the third quarter. Creative Planning now owns 32,447 shares of the company’s stock valued at $852,000 after purchasing an additional 7,076 shares in the last quarter.

iShares iBonds Oct 2027 Term TIPS ETF Company Profile

The iShares iBonds Oct 2027 Term TIPS ETF (IBID) 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 2027. The fund will terminate in October 2027. IBID was launched on Sep 13, 2023 and is issued by BlackRock.