SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sees Strong Trading Volume – Time to Buy?

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPXGet Free Report) saw an uptick in trading volume on Wednesday . 676,443 shares traded hands during mid-day trading, an increase of 79% from the previous session’s volume of 377,939 shares.The stock last traded at $18.59 and had previously closed at $18.61.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance

The firm has a 50-day moving average price of $18.84 and a two-hundred day moving average price of $19.08.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. purchased a new stake in SPDR Bloomberg 1-10 Year TIPS ETF in the 1st quarter valued at about $35,000. Qube Research & Technologies Ltd increased its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 943.5% during the third quarter. Qube Research & Technologies Ltd now owns 2,160 shares of the company’s stock worth $42,000 after acquiring an additional 1,953 shares during the period. Turtle Creek Wealth Advisors LLC purchased a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF during the first quarter worth approximately $53,000. PNC Financial Services Group Inc. raised its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 34.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,846 shares of the company’s stock valued at $112,000 after acquiring an additional 1,489 shares in the last quarter. Finally, Western Wealth Management LLC bought a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF during the first quarter valued at approximately $119,000.

About SPDR Bloomberg 1-10 Year TIPS ETF

(Get Free Report)

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.

Further Reading

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