iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) Trading Up 0.2% – Should You Buy?

iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) shares were up 0.2% during mid-day trading on Tuesday . The stock traded as high as $25.61 and last traded at $25.59. Approximately 8,008 shares traded hands during trading, an increase of 134% from the average daily volume of 3,425 shares. The stock had previously closed at $25.54.

iShares iBonds Oct 2030 Term TIPS ETF Trading Down 0.1 %

The company has a 50 day moving average of $25.87 and a 200-day moving average of $25.75.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IBIG. Quantum Financial Advisors LLC boosted its position in iShares iBonds Oct 2030 Term TIPS ETF by 10.5% in the 3rd quarter. Quantum Financial Advisors LLC now owns 144,269 shares of the company’s stock valued at $3,796,000 after buying an additional 13,675 shares during the period. Jane Street Group LLC boosted its stake in shares of iShares iBonds Oct 2030 Term TIPS ETF by 100.1% in the 3rd quarter. Jane Street Group LLC now owns 41,835 shares of the company’s stock valued at $1,101,000 after buying an additional 53,639,866 shares during the period. Finally, Jim Saulnier & Associates LLC acquired a new position in shares of iShares iBonds Oct 2030 Term TIPS ETF during the third quarter worth about $335,000.

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.