iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Stock Price Down 0.2% – Here’s Why

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) shares dropped 0.2% during trading on Thursday . The stock traded as low as $25.93 and last traded at $25.93. Approximately 2,348 shares changed hands during trading, a decline of 40% from the average daily volume of 3,895 shares. The stock had previously closed at $25.98.

iShares iBonds Oct 2033 Term TIPS ETF Stock Down 0.3%

The company has a fifty day moving average price of $26.09 and a two-hundred day moving average price of $26.12.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of IBIJ. Jane Street Group LLC increased its stake in iShares iBonds Oct 2033 Term TIPS ETF by 55.1% in the first quarter. Jane Street Group LLC now owns 39,863 shares of the company’s stock valued at $1,041,000 after purchasing an additional 14,168 shares during the period. Quantum Financial Advisors LLC grew its holdings in shares of iShares iBonds Oct 2033 Term TIPS ETF by 2.9% during the second quarter. Quantum Financial Advisors LLC now owns 126,878 shares of the company’s stock worth $3,317,000 after buying an additional 3,579 shares during the last quarter. Jim Saulnier & Associates LLC increased its position in iShares iBonds Oct 2033 Term TIPS ETF by 3.6% in the 2nd quarter. Jim Saulnier & Associates LLC now owns 44,047 shares of the company’s stock valued at $1,151,000 after acquiring an additional 1,540 shares during the period. Mendota Financial Group LLC acquired a new position in iShares iBonds Oct 2033 Term TIPS ETF in the 3rd quarter valued at about $121,000. Finally, CENTRAL TRUST Co purchased a new stake in iShares iBonds Oct 2033 Term TIPS ETF during the 3rd quarter valued at approximately $50,000.

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.