ARK & TLK Investments LLC Takes $275,000 Position in iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF)

ARK & TLK Investments LLC acquired a new stake in iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,756 shares of the company’s stock, valued at approximately $275,000.

iShares iBonds Oct 2029 Term TIPS ETF Stock Down 0.1 %

Shares of NYSEARCA IBIF traded down $0.02 during midday trading on Friday, reaching $25.66. The company’s stock had a trading volume of 976 shares, compared to its average volume of 4,528. The company has a 50 day moving average price of $25.40 and a 200 day moving average price of $25.47. iShares iBonds Oct 2029 Term TIPS ETF has a one year low of $24.55 and a one year high of $25.75.

About iShares iBonds Oct 2029 Term TIPS ETF

The iShares iBonds Oct 2029 Term TIPS ETF (IBIF) 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 2029. The fund will terminate in October 2029 IBIF was launched on Sep 19, 2023 and is issued by BlackRock.