iShares iBonds Oct 2034 Term TIPS ETF (NYSEARCA:IBIK) Short Interest Update

iShares iBonds Oct 2034 Term TIPS ETF (NYSEARCA:IBIK) was the recipient of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 44 shares, a decline of 99.8% from the February 26th total of 18,223 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 16,749 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 16,749 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares iBonds Oct 2034 Term TIPS ETF

A number of hedge funds have recently added to or reduced their stakes in IBIK. D.A. Davidson & CO. increased its position in shares of iShares iBonds Oct 2034 Term TIPS ETF by 33.5% during the third quarter. D.A. Davidson & CO. now owns 140,627 shares of the company’s stock worth $3,685,000 after acquiring an additional 35,298 shares during the period. HighTower Advisors LLC boosted its holdings in shares of iShares iBonds Oct 2034 Term TIPS ETF by 7.7% in the third quarter. HighTower Advisors LLC now owns 879,641 shares of the company’s stock valued at $23,051,000 after purchasing an additional 63,184 shares during the period. Park Avenue Securities LLC boosted its holdings in shares of iShares iBonds Oct 2034 Term TIPS ETF by 46.3% in the third quarter. Park Avenue Securities LLC now owns 78,865 shares of the company’s stock valued at $2,067,000 after purchasing an additional 24,955 shares during the period. Mendota Financial Group LLC bought a new position in iShares iBonds Oct 2034 Term TIPS ETF in the third quarter worth approximately $84,000. Finally, Quantum Financial Advisors LLC grew its stake in iShares iBonds Oct 2034 Term TIPS ETF by 0.9% in the third quarter. Quantum Financial Advisors LLC now owns 109,151 shares of the company’s stock worth $2,860,000 after purchasing an additional 935 shares in the last quarter.

iShares iBonds Oct 2034 Term TIPS ETF Trading Down 0.4%

Shares of NYSEARCA IBIK traded down $0.11 during mid-day trading on Tuesday, reaching $25.59. The company had a trading volume of 9,125 shares, compared to its average volume of 23,299. 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’s 50-day moving average is $25.89 and its 200-day moving average is $25.97.

About iShares iBonds Oct 2034 Term TIPS ETF

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.