2,919,207 Shares of iShares iBonds Oct 2028 Term TIPS ETF $IBIE Purchased by Gemmer Asset Management LLC

Gemmer Asset Management LLC purchased a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 2,919,207 shares of the company’s stock, valued at approximately $74,907,000. iShares iBonds Oct 2028 Term TIPS ETF accounts for approximately 5.0% of Gemmer Asset Management LLC’s investment portfolio, making the stock its 6th largest position. Gemmer Asset Management LLC owned 27.28% of iShares iBonds Oct 2028 Term TIPS ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IBIE. Split Rock Private Trading & Wealth Management LLC raised its stake in iShares iBonds Oct 2028 Term TIPS ETF by 1.4% in the third quarter. Split Rock Private Trading & Wealth Management LLC now owns 83,217 shares of the company’s stock valued at $2,135,000 after buying an additional 1,149 shares during the period. Burkett Financial Services LLC acquired a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the third quarter valued at approximately $120,000. Integrated Wealth Concepts LLC acquired a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the second quarter valued at approximately $35,000. Allworth Financial LP boosted its stake in shares of iShares iBonds Oct 2028 Term TIPS ETF by 356.0% during the 2nd quarter. Allworth Financial LP now owns 9,904 shares of the company’s stock worth $260,000 after acquiring an additional 7,732 shares during the period. Finally, Jim Saulnier & Associates LLC boosted its stake in shares of iShares iBonds Oct 2028 Term TIPS ETF by 17.0% during the 2nd quarter. Jim Saulnier & Associates LLC now owns 39,506 shares of the company’s stock worth $1,039,000 after acquiring an additional 5,743 shares during the period.

iShares iBonds Oct 2028 Term TIPS ETF Trading Up 0.1%

Shares of NYSEARCA IBIE opened at $25.71 on Friday. iShares iBonds Oct 2028 Term TIPS ETF has a 12 month low of $25.54 and a 12 month high of $26.49. The stock has a 50 day moving average of $25.71 and a 200-day moving average of $26.00.

iShares iBonds Oct 2028 Term TIPS ETF Profile

The iShares iBonds Oct 2028 Term TIPS ETF (IBIE) 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 2028. The fund will terminate in October 2028. IBIE was launched on Sep 13, 2023 and is issued by BlackRock.