SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sees Strong Trading Volume – What’s Next?

SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) saw unusually-strong trading volume on Tuesday . Approximately 327,365 shares traded hands during trading, an increase of 32% from the previous session’s volume of 247,377 shares.The stock last traded at $18.75 and had previously closed at $18.75.

SPDR Bloomberg Barclays 1-10 Year TIPS ETF Stock Performance

The company’s 50 day moving average is $18.60 and its two-hundred day moving average is $18.69.

Hedge Funds Weigh In On SPDR Bloomberg Barclays 1-10 Year TIPS ETF

Several institutional investors have recently added to or reduced their stakes in TIPX. Flow Traders U.S. LLC purchased a new position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF in the third quarter valued at $3,433,000. ST Germain D J Co. Inc. boosted its holdings in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 4.7% in the 4th quarter. ST Germain D J Co. Inc. now owns 1,026,656 shares of the company’s stock worth $18,983,000 after purchasing an additional 46,129 shares during the period. Pinnacle Wealth Planning Services Inc. boosted its holdings in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 2.6% in the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 214,283 shares of the company’s stock worth $3,962,000 after purchasing an additional 5,470 shares during the period. Tidemark LLC boosted its holdings in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 7.5% in the 3rd quarter. Tidemark LLC now owns 40,536 shares of the company’s stock worth $768,000 after purchasing an additional 2,825 shares during the period. Finally, Golden State Wealth Management LLC purchased a new position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF in the 4th quarter worth approximately $33,000.

SPDR Bloomberg Barclays 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.