iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Stock Price Up 0.2% – Still a Buy?

Shares of iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) traded up 0.2% during mid-day trading on Friday . The company traded as high as $25.59 and last traded at $25.56. 7,740 shares traded hands during mid-day trading, an increase of 141% from the average session volume of 3,214 shares. The stock had previously closed at $25.51.

iShares iBonds Oct 2033 Term TIPS ETF Stock Performance

The business’s 50 day simple moving average is $25.96 and its 200-day simple moving average is $25.67.

Institutional Investors Weigh In On iShares iBonds Oct 2033 Term TIPS ETF

An institutional investor recently raised its position in iShares iBonds Oct 2033 Term TIPS ETF stock. ARK & TLK Investments LLC increased its holdings in shares of iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) by 13.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 64,040 shares of the company’s stock after purchasing an additional 7,703 shares during the period. iShares iBonds Oct 2033 Term TIPS ETF makes up approximately 0.5% of ARK & TLK Investments LLC’s holdings, making the stock its 28th largest position. ARK & TLK Investments LLC owned 10.67% of iShares iBonds Oct 2033 Term TIPS ETF worth $1,648,000 at the end of the most recent 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.