iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Trading 0.3% Higher – Should You Buy?

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE)’s stock price were up 0.3% during mid-day trading on Wednesday . The company traded as high as $26.05 and last traded at $26.05. Approximately 1,996 shares were traded during trading, a decline of 63% from the average daily volume of 5,373 shares. The stock had previously closed at $25.97.

iShares iBonds Oct 2028 Term TIPS ETF Price Performance

The company’s fifty day moving average is $25.76 and its 200 day moving average is $25.70.

Institutional Investors Weigh In On iShares iBonds Oct 2028 Term TIPS ETF

Several large investors have recently made changes to their positions in the business. Quantum Financial Advisors LLC lifted its holdings in shares of iShares iBonds Oct 2028 Term TIPS ETF by 10.9% during the 4th quarter. Quantum Financial Advisors LLC now owns 179,375 shares of the company’s stock valued at $4,558,000 after acquiring an additional 17,575 shares in the last quarter. Citadel Advisors LLC purchased a new position in iShares iBonds Oct 2028 Term TIPS ETF in the fourth quarter valued at about $582,000. Bradley & Co. Private Wealth Management LLC acquired a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF during the fourth quarter worth about $350,000. Jim Saulnier & Associates LLC purchased a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the third quarter worth about $329,000. Finally, CENTRAL TRUST Co acquired a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the fourth quarter valued at about $293,000.

iShares iBonds Oct 2028 Term TIPS ETF Company Profile

The iShares iBonds Oct 2028 Term TIPS ETF (IBIE) 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 2028. The fund will terminate in October 2028.