iShares iBonds Oct 2024 Term TIPS ETF (NYSEARCA:IBIA) Trading 0.1% Higher – What’s Next?

iShares iBonds Oct 2024 Term TIPS ETF (NYSEARCA:IBIA)’s stock price rose 0.1% during trading on Wednesday . The company traded as high as $25.10 and last traded at $25.10. Approximately 100 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 3,083 shares. The stock had previously closed at $25.08.

iShares iBonds Oct 2024 Term TIPS ETF Price Performance

The stock’s 50 day moving average price is $25.09 and its two-hundred day moving average price is $25.20.

Hedge Funds Weigh In On iShares iBonds Oct 2024 Term TIPS ETF

An institutional investor recently raised its position in iShares iBonds Oct 2024 Term TIPS ETF stock. Flow Traders U.S. LLC raised its holdings in shares of iShares iBonds Oct 2024 Term TIPS ETF (NYSEARCA:IBIA) by 20.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,634 shares of the company’s stock after buying an additional 4,069 shares during the quarter. Flow Traders U.S. LLC owned about 4.73% of iShares iBonds Oct 2024 Term TIPS ETF worth $600,000 as of its most recent SEC filing.

iShares iBonds Oct 2024 Term TIPS ETF Company Profile

The iShares iBonds Oct 2024 Term TIPS ETF (IBIA) 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 2024. The fund will terminate in October 2024 IBIA was launched on Sep 13, 2023 and is issued by BlackRock.