Park Avenue Securities LLC bought a new stake in SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 136,736 shares of the company’s stock, valued at approximately $2,490,000.
Several other large investors have also recently added to or reduced their stakes in the business. State Street Corp lifted its position in SPDR Bloomberg 1-10 Year TIPS ETF by 11.3% during the second quarter. State Street Corp now owns 59,157,599 shares of the company’s stock worth $1,119,853,000 after buying an additional 6,023,466 shares during the period. Envestnet Asset Management Inc. grew its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,021,257 shares of the company’s stock valued at $19,332,000 after buying an additional 107,726 shares during the period. Bank of America Corp DE increased its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 334.8% during the 1st quarter. Bank of America Corp DE now owns 987,334 shares of the company’s stock valued at $18,947,000 after acquiring an additional 760,257 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 11.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 852,862 shares of the company’s stock valued at $16,145,000 after acquiring an additional 86,947 shares during the last quarter. Finally, Oarsman Capital Inc. acquired a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF during the 2nd quarter valued at about $11,046,000.
SPDR Bloomberg 1-10 Year TIPS ETF Trading Up 0.2%
Shares of TIPX stock opened at $18.55 on Friday. SPDR Bloomberg 1-10 Year TIPS ETF has a 1-year low of $18.16 and a 1-year high of $19.37. The firm’s 50-day simple moving average is $18.41 and its 200-day simple moving average is $18.89.
About SPDR Bloomberg 1-10 Year TIPS ETF
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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