iShares iBonds Oct 2024 Term TIPS ETF (NYSEARCA:IBIA) Stock Price Up 0.1% – Should You Buy?

iShares iBonds Oct 2024 Term TIPS ETF (NYSEARCA:IBIA) were up 0.1% on Thursday . The company traded as high as $25.10 and last traded at $25.10. Approximately 100 shares changed hands during 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 Stock Up 0.1 %

The firm has a 50 day moving average price of $25.10 and a two-hundred day moving average price of $25.12.

Institutional Investors Weigh In On iShares iBonds Oct 2024 Term TIPS ETF

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

About iShares iBonds Oct 2024 Term TIPS ETF

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.