iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Shares Down 0.1% – Time to Sell?

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) dropped 0.1% during trading on Monday . The stock traded as low as $25.52 and last traded at $25.55. Approximately 10,851 shares were traded during mid-day trading, an increase of 195% from the average daily volume of 3,680 shares. The stock had previously closed at $25.58.

iShares iBonds Oct 2028 Term TIPS ETF Trading Down 0.1 %

The business’s fifty day moving average is $25.82 and its 200 day moving average is $25.57.

Institutional Investors Weigh In On iShares iBonds Oct 2028 Term TIPS ETF

An institutional investor recently raised its position in iShares iBonds Oct 2028 Term TIPS ETF stock. Quantum Financial Advisors LLC boosted its position in iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) by 4.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,229 shares of the company’s stock after purchasing an additional 6,749 shares during the period. iShares iBonds Oct 2028 Term TIPS ETF comprises 0.6% of Quantum Financial Advisors LLC’s investment portfolio, making the stock its 27th biggest position. Quantum Financial Advisors LLC owned approximately 25.54% of iShares iBonds Oct 2028 Term TIPS ETF worth $3,938,000 at the end of the most recent reporting period.

About iShares iBonds Oct 2028 Term TIPS ETF

The iShares iBonds Oct 2028 Term TIPS ETF (IBIE) 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 2028. The fund will terminate in October 2028.