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

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) saw strong trading volume on Thursday. 1,090,391 shares traded hands during mid-day trading, an increase of 181% from the previous session’s volume of 387,460 shares. The stock last traded at $18.3750 and had previously closed at $18.30.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance

The business has a 50 day moving average price of $18.45 and a 200 day moving average price of $18.81.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Mather Group LLC. purchased a new stake in SPDR Bloomberg 1-10 Year TIPS ETF during the third quarter worth $71,000. Signal Advisors Wealth LLC grew its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 23.3% during the 3rd quarter. Signal Advisors Wealth LLC now owns 31,609 shares of the company’s stock worth $576,000 after buying an additional 5,978 shares during the last quarter. Midwest Financial Network LLC increased its position in SPDR Bloomberg 1-10 Year TIPS ETF by 6.6% during the 3rd quarter. Midwest Financial Network LLC now owns 29,628 shares of the company’s stock valued at $540,000 after buying an additional 1,843 shares in the last quarter. Canandaigua National Bank & Trust Co. acquired a new stake in SPDR Bloomberg 1-10 Year TIPS ETF in the 3rd quarter worth approximately $254,000. Finally, Rosenberg Matthew Hamilton purchased a new stake in SPDR Bloomberg 1-10 Year TIPS ETF during the 3rd quarter worth approximately $28,000.

SPDR Bloomberg 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.