iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) Stock Price Up 0.1% – Still a Buy?

Shares of iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) traded up 0.1% on Tuesday . The stock traded as high as $25.69 and last traded at $25.68. 5,014 shares were traded during mid-day trading, a decline of 28% from the average session volume of 7,005 shares. The stock had previously closed at $25.66.

iShares iBonds Oct 2030 Term TIPS ETF Stock Performance

The stock has a 50 day moving average price of $25.46 and a two-hundred day moving average price of $25.72.

Institutional Trading of iShares iBonds Oct 2030 Term TIPS ETF

Institutional investors have recently added to or reduced their stakes in the business. Bradley & Co. Private Wealth Management LLC bought a new stake in shares of iShares iBonds Oct 2030 Term TIPS ETF during the 4th quarter worth about $144,000. Quantum Financial Advisors LLC boosted its position in iShares iBonds Oct 2030 Term TIPS ETF by 7.0% during the fourth quarter. Quantum Financial Advisors LLC now owns 154,327 shares of the company’s stock worth $3,903,000 after purchasing an additional 10,058 shares during the period. Jim Saulnier & Associates LLC bought a new position in shares of iShares iBonds Oct 2030 Term TIPS ETF in the third quarter valued at approximately $335,000. Finally, Jane Street Group LLC raised its position in shares of iShares iBonds Oct 2030 Term TIPS ETF by 100.1% in the third 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 period.

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.