iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Stock Price Down 0.2% – What’s Next?

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF)’s share price were down 0.2% during mid-day trading on Monday . The company traded as low as $25.57 and last traded at $25.59. Approximately 3,384 shares were traded during trading, a decline of 9% from the average daily volume of 3,739 shares. The stock had previously closed at $25.64.

iShares iBonds Oct 2029 Term TIPS ETF Price Performance

The firm’s 50 day moving average price is $25.95 and its 200-day moving average price is $25.67.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares iBonds Oct 2029 Term TIPS ETF stock. ARK & TLK Investments LLC grew its holdings in iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) by 67.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,023 shares of the company’s stock after purchasing an additional 7,267 shares during the quarter. ARK & TLK Investments LLC owned approximately 4.01% of iShares iBonds Oct 2029 Term TIPS ETF worth $463,000 at the end of the most recent reporting period.

About iShares iBonds Oct 2029 Term TIPS ETF

The iShares iBonds Oct 2029 Term TIPS ETF (IBIF) 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 2029. The fund will terminate in October 2029 IBIF was launched on Sep 19, 2023 and is issued by BlackRock.