Penobscot Investment Management Company Inc. Invests $880,000 in iShares iBonds Oct 2028 Term TIPS ETF $IBIE

Penobscot Investment Management Company Inc. acquired a new position in iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 33,500 shares of the company’s stock, valued at approximately $880,000. Penobscot Investment Management Company Inc. owned approximately 0.97% of iShares iBonds Oct 2028 Term TIPS ETF as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Allworth Financial LP acquired a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the first quarter worth $57,000. MKT Advisors LLC acquired a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the second quarter worth $312,000. CENTRAL TRUST Co increased its position in shares of iShares iBonds Oct 2028 Term TIPS ETF by 62.4% in the first quarter. CENTRAL TRUST Co now owns 18,707 shares of the company’s stock worth $491,000 after acquiring an additional 7,186 shares in the last quarter. Jim Saulnier & Associates LLC increased its position in shares of iShares iBonds Oct 2028 Term TIPS ETF by 51.5% in the first quarter. Jim Saulnier & Associates LLC now owns 19,327 shares of the company’s stock worth $508,000 after acquiring an additional 6,567 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the first quarter worth $737,000.

iShares iBonds Oct 2028 Term TIPS ETF Price Performance

iShares iBonds Oct 2028 Term TIPS ETF stock opened at $26.20 on Friday. iShares iBonds Oct 2028 Term TIPS ETF has a 52-week low of $25.27 and a 52-week high of $26.56. The firm has a fifty day moving average of $26.37 and a 200-day moving average of $26.19.

About iShares iBonds Oct 2028 Term TIPS ETF

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.