Parallel Advisors LLC Invests $1.12 Million in SPDR Bloomberg 1-10 Year TIPS ETF $TIPX

Parallel Advisors LLC acquired a new stake in SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) in the first quarter, Holdings Channel.com reports. The firm acquired 58,132 shares of the company’s stock, valued at approximately $1,116,000.

A number of other large investors also recently modified their holdings of TIPX. Foundations Investment Advisors LLC lifted its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 77.9% in the 4th 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 in the last quarter. Hibernia Wealth Partners LLC boosted its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 105.2% in the 4th quarter. Hibernia Wealth Partners LLC now owns 177,310 shares of the company’s stock valued at $3,383,000 after purchasing an additional 90,884 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 625.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 132,175 shares of the company’s stock valued at $2,522,000 after purchasing an additional 113,948 shares in the last quarter. Brio Consultants LLC grew its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 6.5% during the 4th quarter. Brio Consultants LLC now owns 946,670 shares of the company’s stock valued at $18,062,000 after purchasing an additional 58,106 shares in the last quarter. Finally, Financial & Tax Architects LLC increased its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 47.9% in the first quarter. Financial & Tax Architects LLC now owns 82,275 shares of the company’s stock worth $1,579,000 after purchasing an additional 26,657 shares during the period.

SPDR Bloomberg 1-10 Year TIPS ETF Trading Up 0.1%

Shares of TIPX stock opened at $18.61 on Friday. SPDR Bloomberg 1-10 Year TIPS ETF has a 52-week low of $18.57 and a 52-week high of $19.41. The business’s fifty day moving average is $18.81 and its 200 day moving average is $19.07.

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.