Quantum Financial Advisors LLC Raises Stock Position in iShares iBonds Oct 2029 Term TIPS ETF $IBIF

Quantum Financial Advisors LLC grew its stake in iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) by 8.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 343,768 shares of the company’s stock after purchasing an additional 25,382 shares during the quarter. iShares iBonds Oct 2029 Term TIPS ETF comprises about 0.8% of Quantum Financial Advisors LLC’s holdings, making the stock its 25th biggest holding. Quantum Financial Advisors LLC owned about 8.38% of iShares iBonds Oct 2029 Term TIPS ETF worth $9,038,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Parallel Advisors LLC bought a new stake in shares of iShares iBonds Oct 2029 Term TIPS ETF during the 4th quarter valued at about $30,000. Osaic Holdings Inc. raised its stake in iShares iBonds Oct 2029 Term TIPS ETF by 169.8% in the second quarter. Osaic Holdings Inc. now owns 1,686 shares of the company’s stock worth $45,000 after buying an additional 1,061 shares in the last quarter. McIlrath & Eck LLC purchased a new stake in iShares iBonds Oct 2029 Term TIPS ETF in the first quarter worth about $46,000. Steward Partners Investment Advisory LLC lifted its holdings in iShares iBonds Oct 2029 Term TIPS ETF by 118.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 9,802 shares of the company’s stock worth $255,000 after buying an additional 5,309 shares during the period. Finally, Jane Street Group LLC boosted its position in iShares iBonds Oct 2029 Term TIPS ETF by 14.3% during the 1st quarter. Jane Street Group LLC now owns 11,689 shares of the company’s stock valued at $308,000 after acquiring an additional 1,462 shares in the last quarter.

iShares iBonds Oct 2029 Term TIPS ETF Price Performance

Shares of NYSEARCA:IBIF opened at $25.72 on Friday. iShares iBonds Oct 2029 Term TIPS ETF has a 52-week low of $25.61 and a 52-week high of $26.67. The stock has a 50 day moving average price of $25.98 and a 200-day moving average price of $26.17.

iShares iBonds Oct 2029 Term TIPS ETF Profile

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.