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This exchange-traded fund (ETF) aims to replicate the investment performance of a specific index. This index is comprised of U.S. Treasury Inflation-Protected Securities (TIPS) which are scheduled to mature in October 2030.

iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG - Get Free Report) traded down 0.4% on Friday. The company traded as low as $26.21 and last traded at $26.22. 27,794 shares were traded during mid-day trading, an increase of 27% from the average session volume of 21,815 shares. The stock had previously closed at

After launching five iShares ETFs that invest in U.S. Treasury inflation-protected securities, BlackRock has expanded its iShares iBonds ETF franchise with five more TIPS defined maturity bond ETFs. The total TIPS iBonds ETF suite consists of 10 funds that invest in U.S. TIPS with maturities ranging from 2024 to 2033.