iShares iBonds Oct 2034 Term TIPS ETF (NYSEARCA:IBIK) Short Interest Update

iShares iBonds Oct 2034 Term TIPS ETF (NYSEARCA:IBIK) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,055 shares, a decrease of 92.7% from the April 30th total of 27,978 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 9,326 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of iShares iBonds Oct 2034 Term TIPS ETF

A number of institutional investors have recently made changes to their positions in IBIK. HighTower Advisors LLC lifted its stake in iShares iBonds Oct 2034 Term TIPS ETF by 7.7% during the third quarter. HighTower Advisors LLC now owns 879,641 shares of the company’s stock valued at $23,051,000 after purchasing an additional 63,184 shares during the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares iBonds Oct 2034 Term TIPS ETF during the third quarter valued at approximately $280,000. Park Avenue Securities LLC lifted its stake in iShares iBonds Oct 2034 Term TIPS ETF by 7.7% during the fourth quarter. Park Avenue Securities LLC now owns 84,964 shares of the company’s stock valued at $2,178,000 after purchasing an additional 6,099 shares during the last quarter. Quantum Financial Advisors LLC lifted its stake in iShares iBonds Oct 2034 Term TIPS ETF by 0.4% during the fourth quarter. Quantum Financial Advisors LLC now owns 109,634 shares of the company’s stock valued at $2,811,000 after purchasing an additional 483 shares during the last quarter. Finally, Wealth Alliance Advisory Group LLC acquired a new stake in iShares iBonds Oct 2034 Term TIPS ETF during the fourth quarter valued at approximately $360,000.

iShares iBonds Oct 2034 Term TIPS ETF Trading Up 0.0%

Shares of NYSEARCA:IBIK traded up $0.01 during trading on Friday, reaching $26.00. The company had a trading volume of 11,772 shares, compared to its average volume of 17,192. The firm’s fifty day moving average is $25.86 and its 200 day moving average is $25.88. iShares iBonds Oct 2034 Term TIPS ETF has a twelve month low of $25.20 and a twelve month high of $26.53.

iShares iBonds Oct 2034 Term TIPS ETF Company Profile

The iShares iBonds Oct 2034 Term TIPS ETF (IBIK) 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 2034. The fund will terminate in October 2034 IBIK was launched on May 22, 2024 and is issued by BlackRock.