iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Trading 0.5% Higher – Here’s What Happened

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) shares traded up 0.5% on Wednesday . The stock traded as high as $26.00 and last traded at $26.00. 1,341 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 3,890 shares. The stock had previously closed at $25.86.

iShares iBonds Oct 2031 Term TIPS ETF Price Performance

The firm has a 50-day moving average price of $25.62 and a two-hundred day moving average price of $25.69.

Institutional Investors Weigh In On iShares iBonds Oct 2031 Term TIPS ETF

Hedge funds have recently modified their holdings of the business. ARK & TLK Investments LLC boosted its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 2.1% in the fourth quarter. ARK & TLK Investments LLC now owns 19,084 shares of the company’s stock valued at $479,000 after acquiring an additional 400 shares during the period. Flow Traders U.S. LLC raised its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 77.7% in the third quarter. Flow Traders U.S. LLC now owns 35,096 shares of the company’s stock valued at $926,000 after purchasing an additional 15,343 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of iShares iBonds Oct 2031 Term TIPS ETF in the fourth quarter valued at $913,000. Yoder Wealth Management Inc. raised its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 98.6% in the fourth quarter. Yoder Wealth Management Inc. now owns 98,385 shares of the company’s stock valued at $2,471,000 after purchasing an additional 48,856 shares in the last quarter. Finally, Quantum Financial Advisors LLC raised its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 1.8% in the fourth quarter. Quantum Financial Advisors LLC now owns 140,504 shares of the company’s stock valued at $3,529,000 after purchasing an additional 2,495 shares in the last quarter.

About iShares iBonds Oct 2031 Term TIPS ETF

The iShares iBonds Oct 2031 Term TIPS ETF (IBIH) 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 2031. The fund will terminate in October 2031 IBIH was launched on Sep 19, 2023 and is issued by BlackRock.