Park Avenue Securities LLC Purchases 24,955 Shares of iShares iBonds Oct 2034 Term TIPS ETF $IBIK

Park Avenue Securities LLC lifted its position in shares of iShares iBonds Oct 2034 Term TIPS ETF (NYSEARCA:IBIK) by 46.3% in the third quarter, Holdings Channel reports. The institutional investor owned 78,865 shares of the company’s stock after acquiring an additional 24,955 shares during the period. Park Avenue Securities LLC’s holdings in iShares iBonds Oct 2034 Term TIPS ETF were worth $2,067,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of IBIK. D.A. Davidson & CO. bought a new stake in shares of iShares iBonds Oct 2034 Term TIPS ETF in the second quarter valued at approximately $2,719,000. Mendota Financial Group LLC acquired a new position in iShares iBonds Oct 2034 Term TIPS ETF in the 3rd quarter valued at $84,000. Finally, Quantum Financial Advisors LLC raised its holdings in iShares iBonds Oct 2034 Term TIPS ETF by 0.9% in the 3rd quarter. Quantum Financial Advisors LLC now owns 109,151 shares of the company’s stock valued at $2,860,000 after acquiring an additional 935 shares in the last quarter.

iShares iBonds Oct 2034 Term TIPS ETF Stock Up 0.1%

IBIK stock opened at $25.69 on Friday. iShares iBonds Oct 2034 Term TIPS ETF has a 52 week low of $24.43 and a 52 week high of $27.42. The business has a 50-day simple moving average of $25.90 and a 200 day simple moving average of $25.92.

iShares iBonds Oct 2034 Term TIPS ETF Company Profile

The iShares iBonds Oct 2034 Term TIPS ETF (IBIK) 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 2034. The fund will terminate in October 2034 IBIK was launched on May 22, 2024 and is issued by BlackRock.