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 share price were down 0.1% during trading on Thursday . The stock traded as low as $25.97 and last traded at $26.00. Approximately 49,488 shares were traded during mid-day trading, an increase of 551% from the average daily volume of 7,601 shares. The stock had previously closed at $26.03.

iShares iBonds Oct 2027 Term TIPS ETF Stock Performance

The firm has a 50-day moving average price of $25.98 and a two-hundred day moving average price of $25.75.

Institutional Investors Weigh In On iShares iBonds Oct 2027 Term TIPS ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC grew its stake in iShares iBonds Oct 2027 Term TIPS ETF by 21.5% in the 3rd quarter. Jane Street Group LLC now owns 40,631 shares of the company’s stock worth $1,053,000 after acquiring an additional 7,190 shares in the last quarter. CENTRAL TRUST Co bought a new position in iShares iBonds Oct 2027 Term TIPS ETF in the fourth quarter worth approximately $209,000. Bradley & Co. Private Wealth Management LLC bought a new position in iShares iBonds Oct 2027 Term TIPS ETF in the fourth quarter worth approximately $364,000. Quantum Financial Advisors LLC increased its holdings in iShares iBonds Oct 2027 Term TIPS ETF by 10.1% during the 4th quarter. Quantum Financial Advisors LLC now owns 188,275 shares of the company’s stock worth $4,803,000 after purchasing an additional 17,313 shares during the period. Finally, Citadel Advisors LLC bought a new stake in iShares iBonds Oct 2027 Term TIPS ETF during the 4th quarter valued at $573,000.

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.