iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Stock Price Down 0.6% – Here’s Why

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ)’s stock price traded down 0.6% during mid-day trading on Monday . The stock traded as low as $25.32 and last traded at $25.32. 1,366 shares changed hands during trading, a decline of 59% from the average session volume of 3,347 shares. The stock had previously closed at $25.47.

iShares iBonds Oct 2033 Term TIPS ETF Stock Down 0.6 %

The stock has a fifty day moving average price of $25.65 and a 200-day moving average price of $25.44.

Hedge Funds Weigh In On iShares iBonds Oct 2033 Term TIPS ETF

A number of large investors have recently made changes to their positions in the business. Citadel Advisors LLC acquired a new stake in iShares iBonds Oct 2033 Term TIPS ETF during the fourth quarter valued at $515,000. Jane Street Group LLC grew its stake in shares of iShares iBonds Oct 2033 Term TIPS ETF by 169.0% in the 4th quarter. Jane Street Group LLC now owns 25,695 shares of the company’s stock valued at $641,000 after buying an additional 16,144 shares in the last quarter. Jim Saulnier & Associates LLC increased its holdings in iShares iBonds Oct 2033 Term TIPS ETF by 1.1% in the fourth quarter. Jim Saulnier & Associates LLC now owns 42,507 shares of the company’s stock worth $1,060,000 after buying an additional 456 shares during the last quarter. ARK & TLK Investments LLC increased its holdings in iShares iBonds Oct 2033 Term TIPS ETF by 0.6% in the fourth quarter. ARK & TLK Investments LLC now owns 64,440 shares of the company’s stock worth $1,606,000 after buying an additional 400 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 fourth quarter. Quantum Financial Advisors LLC now owns 123,299 shares of the company’s stock valued at $3,074,000 after acquiring an additional 1,959 shares in the last quarter.

About iShares iBonds Oct 2033 Term TIPS ETF

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.