2,919,207 Shares of iShares iBonds Oct 2028 Term TIPS ETF $IBIE Bought by Gemmer Asset Management LLC

Gemmer Asset Management LLC bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) in the third quarter, HoldingsChannel reports. The institutional investor bought 2,919,207 shares of the company’s stock, valued at approximately $74,907,000. iShares iBonds Oct 2028 Term TIPS ETF makes up about 5.0% of Gemmer Asset Management LLC’s holdings, making the stock its 6th biggest holding. Gemmer Asset Management LLC owned about 0.27% of iShares iBonds Oct 2028 Term TIPS ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of IBIE. Quantum Financial Advisors LLC boosted its holdings in shares of iShares iBonds Oct 2028 Term TIPS ETF by 10.6% during the 2nd quarter. Quantum Financial Advisors LLC now owns 368,799 shares of the company’s stock worth $9,699,000 after buying an additional 35,421 shares during the period. North Star Investment Management Corp. grew its stake in iShares iBonds Oct 2028 Term TIPS ETF by 55.5% in the 1st quarter. North Star Investment Management Corp. now owns 196,038 shares of the company’s stock valued at $5,144,000 after buying an additional 69,988 shares during the last quarter. CENTRAL TRUST Co raised its holdings in iShares iBonds Oct 2028 Term TIPS ETF by 42.5% in the 1st quarter. CENTRAL TRUST Co now owns 84,085 shares of the company’s stock valued at $2,206,000 after acquiring an additional 25,069 shares during the period. Split Rock Private Trading & Wealth Management LLC raised its holdings in iShares iBonds Oct 2028 Term TIPS ETF by 1.4% in the 3rd quarter. Split Rock Private Trading & Wealth Management LLC now owns 83,217 shares of the company’s stock valued at $2,135,000 after acquiring an additional 1,149 shares during the period. Finally, Jim Saulnier & Associates LLC raised its holdings in iShares iBonds Oct 2028 Term TIPS ETF by 17.0% in the 2nd quarter. Jim Saulnier & Associates LLC now owns 39,506 shares of the company’s stock valued at $1,039,000 after acquiring an additional 5,743 shares during the period.

iShares iBonds Oct 2028 Term TIPS ETF Stock Performance

Shares of IBIE stock opened at $25.71 on Friday. The firm has a 50 day moving average price of $25.71 and a two-hundred day moving average price of $26.00. iShares iBonds Oct 2028 Term TIPS ETF has a 12-month low of $25.54 and a 12-month high of $26.49.

iShares iBonds Oct 2028 Term TIPS ETF Profile

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. IBIE was launched on Sep 13, 2023 and is issued by BlackRock.