iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Stock Price Cross Below Two Hundred Day Moving Average – Here’s What Happened

Shares of iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $25.76 and traded as low as $25.62. iShares iBonds Oct 2031 Term TIPS ETF shares last traded at $25.64, with a volume of 4,647 shares.

iShares iBonds Oct 2031 Term TIPS ETF Stock Up 0.4 %

The stock’s 50 day simple moving average is $25.82 and its 200 day simple moving average is $25.76.

Hedge Funds Weigh In On iShares iBonds Oct 2031 Term TIPS ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Flow Traders U.S. LLC grew its stake in iShares iBonds Oct 2031 Term TIPS ETF by 77.7% in the 3rd quarter. Flow Traders U.S. LLC now owns 35,096 shares of the company’s stock worth $926,000 after buying an additional 15,343 shares in the last quarter. Yoder Wealth Management Inc. grew its stake in iShares iBonds Oct 2031 Term TIPS ETF by 27.2% in the 3rd quarter. Yoder Wealth Management Inc. now owns 49,529 shares of the company’s stock worth $1,307,000 after buying an additional 10,590 shares in the last quarter. Finally, Quantum Financial Advisors LLC grew its stake in iShares iBonds Oct 2031 Term TIPS ETF by 3.0% in the 2nd quarter. Quantum Financial Advisors LLC now owns 130,212 shares of the company’s stock worth $3,352,000 after buying an additional 3,803 shares in the last quarter.

iShares iBonds Oct 2031 Term TIPS ETF Company Profile

The iShares iBonds Oct 2031 Term TIPS ETF (IBIH) 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 2031. The fund will terminate in October 2031 IBIH was launched on Sep 19, 2023 and is issued by BlackRock.