SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Reaches New 12-Month Low – Should You Sell?

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $18.68 and last traded at $18.69, with a volume of 3234 shares trading hands. The stock had previously closed at $18.72.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance

The firm has a 50-day moving average of $18.91 and a two-hundred day moving average of $19.10.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Foundations Investment Advisors LLC lifted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 77.9% in the fourth quarter. Foundations Investment Advisors LLC now owns 120,907 shares of the company’s stock valued at $2,307,000 after buying an additional 52,940 shares during the period. Hibernia Wealth Partners LLC lifted its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 105.2% in the 4th quarter. Hibernia Wealth Partners LLC now owns 177,310 shares of the company’s stock worth $3,383,000 after acquiring an additional 90,884 shares during the period. Austin Private Wealth LLC lifted its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 14.3% in the 4th quarter. Austin Private Wealth LLC now owns 234,456 shares of the company’s stock worth $4,473,000 after acquiring an additional 29,305 shares during the period. Brio Consultants LLC grew its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 6.5% during the 4th quarter. Brio Consultants LLC now owns 946,670 shares of the company’s stock worth $18,062,000 after purchasing an additional 58,106 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 625.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 132,175 shares of the company’s stock worth $2,522,000 after purchasing an additional 113,948 shares in the last quarter.

SPDR Bloomberg 1-10 Year TIPS ETF Company Profile

The SPDR Bloomberg 1-10 Year TIPS ETF (TIPX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of 1-10 years US Treasury Inflation-Protected Securities (TIPS). TIPX was launched on May 29, 2013 and is managed by State Street.