SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Reaches New 52-Week Low – Should You Sell?

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPXGet Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as $18.90 and last traded at $18.90, with a volume of 229271 shares traded. The stock had previously closed at $18.97.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance

The stock’s 50 day moving average price is $19.16 and its two-hundred day moving average price is $19.17.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Treasure Coast Financial Planning boosted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 6.1% during the 4th quarter. Treasure Coast Financial Planning now owns 563,890 shares of the company’s stock worth $10,761,000 after acquiring an additional 32,211 shares in the last quarter. Austin Private Wealth LLC increased its stake in 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 valued at $4,473,000 after purchasing an additional 29,305 shares in the last quarter. Foundations Investment Advisors LLC raised its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 77.9% during the fourth quarter. Foundations Investment Advisors LLC now owns 120,907 shares of the company’s stock worth $2,307,000 after purchasing an additional 52,940 shares during the last quarter. Brio Consultants LLC raised its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 6.5% during the fourth 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 during the last quarter. Finally, Hibernia Wealth Partners LLC boosted its position in SPDR Bloomberg 1-10 Year TIPS ETF by 105.2% during the fourth quarter. Hibernia Wealth Partners LLC now owns 177,310 shares of the company’s stock worth $3,383,000 after purchasing an additional 90,884 shares in the last quarter.

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.

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