iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Shares Down 0.1% – Here’s What Happened

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID)’s stock price fell 0.1% on Monday . The company traded as low as $25.54 and last traded at $25.55. 9,182 shares traded hands during mid-day trading, an increase of 128% from the average session volume of 4,034 shares. The stock had previously closed at $25.58.

iShares iBonds Oct 2027 Term TIPS ETF Price Performance

The business’s 50-day moving average price is $25.72 and its two-hundred day moving average price is $25.55.

Hedge Funds Weigh In On iShares iBonds Oct 2027 Term TIPS ETF

A hedge fund recently raised its stake in iShares iBonds Oct 2027 Term TIPS ETF stock. Quantum Financial Advisors LLC lifted its holdings in iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) by 6.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 162,759 shares of the company’s stock after acquiring an additional 9,649 shares during the period. iShares iBonds Oct 2027 Term TIPS ETF makes up 0.7% of Quantum Financial Advisors LLC’s portfolio, making the stock its 25th biggest position. Quantum Financial Advisors LLC owned about 29.59% of iShares iBonds Oct 2027 Term TIPS ETF worth $4,187,000 as of its most recent SEC filing.

About iShares iBonds Oct 2027 Term TIPS ETF

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.