iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) Shares Down 0.1% – What’s Next?

iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) traded down 0.1% during trading on Friday . The stock traded as low as $25.19 and last traded at $25.20. 7,238 shares changed hands during trading, an increase of 96% from the average session volume of 3,694 shares. The stock had previously closed at $25.22.

iShares iBonds Oct 2030 Term TIPS ETF Stock Performance

The stock’s 50-day moving average is $25.58 and its 200 day moving average is $25.76.

Institutional Trading of iShares iBonds Oct 2030 Term TIPS ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IBIG. Jim Saulnier & Associates LLC acquired a new position in iShares iBonds Oct 2030 Term TIPS ETF during the 3rd quarter valued at about $335,000. Jane Street Group LLC raised its position in shares of iShares iBonds Oct 2030 Term TIPS ETF by 100.1% in the 3rd quarter. Jane Street Group LLC now owns 41,835 shares of the company’s stock valued at $1,101,000 after purchasing an additional 53,639,866 shares during the last quarter. Finally, Quantum Financial Advisors LLC boosted its stake in iShares iBonds Oct 2030 Term TIPS ETF by 10.5% in the 3rd quarter. Quantum Financial Advisors LLC now owns 144,269 shares of the company’s stock worth $3,796,000 after purchasing an additional 13,675 shares in the last quarter.

iShares iBonds Oct 2030 Term TIPS ETF Company Profile

The iShares iBonds Oct 2030 Term TIPS ETF (IBIG) 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 2030. The fund will terminate in October 2030 IBIG was launched on Sep 19, 2023 and is issued by BlackRock.