iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Stock Price Up 0.5% – Still a Buy?

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) were up 0.5% on Monday . The company traded as high as $25.51 and last traded at $25.45. Approximately 34,500 shares were traded during mid-day trading, an increase of 817% from the average daily volume of 3,763 shares. The stock had previously closed at $25.33.

iShares iBonds Oct 2033 Term TIPS ETF Stock Up 0.2 %

The business has a 50 day moving average price of $25.10 and a two-hundred day moving average price of $25.57.

Institutional Investors Weigh In On iShares iBonds Oct 2033 Term TIPS ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Jim Saulnier & Associates LLC bought a new position in iShares iBonds Oct 2033 Term TIPS ETF during the 3rd quarter valued at approximately $1,110,000. Flow Traders U.S. LLC bought a new position in iShares iBonds Oct 2033 Term TIPS ETF during the 3rd quarter valued at approximately $960,000. Citadel Advisors LLC bought a new position in iShares iBonds Oct 2033 Term TIPS ETF during the 4th quarter valued at approximately $515,000. Jane Street Group LLC raised its position in iShares iBonds Oct 2033 Term TIPS ETF by 169.0% during the 4th quarter. Jane Street Group LLC now owns 25,695 shares of the company’s stock valued at $641,000 after purchasing an additional 16,144 shares during the last quarter. Finally, Quantum Financial Advisors LLC raised its position in iShares iBonds Oct 2033 Term TIPS ETF by 1.6% during the 4th quarter. Quantum Financial Advisors LLC now owns 123,299 shares of the company’s stock valued at $3,074,000 after purchasing an additional 1,959 shares during the last quarter.

iShares iBonds Oct 2033 Term TIPS ETF Company Profile

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.