iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) Share Price Pass Above Fifty Day Moving Average – Should You Sell?

iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $25.75 and traded as high as $25.78. iShares iBonds Oct 2030 Term TIPS ETF shares last traded at $25.78, with a volume of 3,545 shares.

iShares iBonds Oct 2030 Term TIPS ETF Stock Up 0.1 %

The firm has a fifty day moving average price of $25.74 and a 200-day moving average price of $25.77.

Hedge Funds Weigh In On iShares iBonds Oct 2030 Term TIPS ETF

Several institutional investors have recently added to or reduced their stakes in IBIG. Quantum Financial Advisors LLC boosted its stake in iShares iBonds Oct 2030 Term TIPS ETF by 10.5% in the third quarter. Quantum Financial Advisors LLC now owns 144,269 shares of the company’s stock valued at $3,796,000 after acquiring an additional 13,675 shares during the last quarter. Jane Street Group LLC increased its stake in shares of iShares iBonds Oct 2030 Term TIPS ETF by 100.1% during the 3rd quarter. Jane Street Group LLC now owns 41,835 shares of the company’s stock worth $1,101,000 after purchasing an additional 53,639,866 shares during the last quarter. Finally, Jim Saulnier & Associates LLC bought a new stake in shares of iShares iBonds Oct 2030 Term TIPS ETF in the 3rd quarter worth approximately $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.