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

Shares of SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPXGet Free Report) saw unusually-high trading volume on Thursday . Approximately 257,337 shares changed hands during trading, a decline of 32% from the previous session’s volume of 380,293 shares.The stock last traded at $18.76 and had previously closed at $18.72.

SPDR Bloomberg 1-10 Year TIPS ETF Trading Up 0.3%

The company has a 50-day moving average price of $19.08 and a 200-day moving average price of $19.15.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. acquired a new position in SPDR Bloomberg 1-10 Year TIPS ETF during the first quarter valued at approximately $35,000. Qube Research & Technologies Ltd raised its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 943.5% in the third quarter. Qube Research & Technologies Ltd now owns 2,160 shares of the company’s stock worth $42,000 after purchasing an additional 1,953 shares during the period. Turtle Creek Wealth Advisors LLC bought a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF during the first quarter worth $53,000. PNC Financial Services Group Inc. boosted its position 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 worth $112,000 after purchasing an additional 1,489 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 1st quarter valued at $119,000.

SPDR Bloomberg 1-10 Year TIPS ETF Company Profile

(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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