iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Shares Down 0.1% – Time to Sell?

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE)’s stock price traded down 0.1% on Friday . The stock traded as low as $25.31 and last traded at $25.31. 14,894 shares traded hands during mid-day trading, an increase of 208% from the average session volume of 4,840 shares. The stock had previously closed at $25.33.

iShares iBonds Oct 2028 Term TIPS ETF Price Performance

The company’s 50-day moving average price is $25.57 and its 200 day moving average price is $25.64.

Institutional Trading of iShares iBonds Oct 2028 Term TIPS ETF

A hedge fund recently bought a new stake in iShares iBonds Oct 2028 Term TIPS ETF stock. Jim Saulnier & Associates LLC bought a new position in iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,620 shares of the company’s stock, valued at approximately $329,000. Jim Saulnier & Associates LLC owned about 2.10% of iShares iBonds Oct 2028 Term TIPS ETF at the end of the most recent quarter.

About iShares iBonds Oct 2028 Term TIPS ETF

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.