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

Shares of iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) shot 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’s fifty day moving average is $25.62 and its two-hundred day moving average is $25.69.

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

Institutional investors have recently bought and sold shares of the stock. ARK & TLK Investments LLC lifted its holdings in 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 worth $479,000 after purchasing an additional 400 shares during the period. Flow Traders U.S. LLC lifted its holdings in iShares iBonds Oct 2031 Term TIPS ETF by 77.7% in the 3rd quarter. Flow Traders U.S. LLC now owns 35,096 shares of the company’s stock valued at $926,000 after acquiring an additional 15,343 shares during the last quarter. Citadel Advisors LLC acquired a new stake in iShares iBonds Oct 2031 Term TIPS ETF in the 4th quarter valued at about $913,000. Yoder Wealth Management Inc. lifted its holdings in iShares iBonds Oct 2031 Term TIPS ETF by 98.6% in the 4th quarter. Yoder Wealth Management Inc. now owns 98,385 shares of the company’s stock valued at $2,471,000 after acquiring an additional 48,856 shares during the last quarter. Finally, Quantum Financial Advisors LLC lifted its holdings in iShares iBonds Oct 2031 Term TIPS ETF by 1.8% in the 4th quarter. Quantum Financial Advisors LLC now owns 140,504 shares of the company’s stock valued at $3,529,000 after acquiring an additional 2,495 shares during the last quarter.

iShares iBonds Oct 2031 Term TIPS ETF Company Profile

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.