iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Trading at $25.87

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID – Get Free Report)’s share price dropped 0% during mid-day trading on Tuesday. The company traded as low as $25.87 and last traded at $25.87. Approximately 116,418 shares changed hands during trading, an increase of 202% from the average session volume of 38,586 shares. The stock had previously closed at $25.88.

iShares iBonds Oct 2027 Term TIPS ETF Stock Performance

The company’s 50 day moving average is $25.82 and its 200-day moving average is $25.97.

Hedge Funds Weigh In On iShares iBonds Oct 2027 Term TIPS ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. BIP Wealth LLC acquired a new stake in shares of iShares iBonds Oct 2027 Term TIPS ETF in the 3rd quarter valued at about $6,534,000. Summit Financial Strategies Inc. acquired a new position in iShares iBonds Oct 2027 Term TIPS ETF during the 3rd quarter worth approximately $200,000. Farther Finance Advisors LLC raised its stake in iShares iBonds Oct 2027 Term TIPS ETF by 650.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 8,631 shares of the company’s stock worth $224,000 after buying an additional 7,481 shares during the period. Integrated Wealth Concepts LLC acquired a new position in iShares iBonds Oct 2027 Term TIPS ETF during the 2nd quarter worth approximately $35,000. Finally, Allworth Financial LP raised its stake in iShares iBonds Oct 2027 Term TIPS ETF by 391.1% during the 2nd quarter. Allworth Financial LP now owns 9,772 shares of the company’s stock worth $256,000 after buying an additional 7,782 shares during the period.

About iShares iBonds Oct 2027 Term TIPS ETF

(Get Free Report)

The iShares iBonds Oct 2027 Term TIPS ETF (IBID) 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 2027. The fund will terminate in October 2027. IBID was launched on Sep 13, 2023 and is issued by BlackRock.

Recommended Stories

Receive News & Ratings for iShares iBonds Oct 2027 Term TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBonds Oct 2027 Term TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.