SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX – Get Free Report) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 122,310 shares, a decline of 50.9% from the May 31st total of 249,118 shares. Based on an average daily volume of 365,373 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.
SPDR Bloomberg 1-10 Year TIPS ETF Stock Down 0.1%
SPDR Bloomberg 1-10 Year TIPS ETF stock traded down $0.01 during trading hours on Tuesday, hitting $18.95. The company had a trading volume of 4,944,195 shares, compared to its average volume of 381,213. SPDR Bloomberg 1-10 Year TIPS ETF has a fifty-two week low of $18.83 and a fifty-two week high of $19.41. The firm’s fifty day moving average is $19.10 and its 200-day moving average is $19.15.
Institutional Trading of SPDR Bloomberg 1-10 Year TIPS ETF
Several hedge funds and other institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. acquired a new position in SPDR Bloomberg 1-10 Year TIPS ETF in the 1st quarter worth about $35,000. Qube Research & Technologies Ltd increased 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 buying an additional 1,953 shares during the last quarter. Ballast Advisors LLC bought a new position in SPDR Bloomberg 1-10 Year TIPS ETF during the third quarter valued at approximately $43,000. Turtle Creek Wealth Advisors LLC bought a new position in SPDR Bloomberg 1-10 Year TIPS ETF during the first quarter valued at approximately $53,000. Finally, PNC Financial Services Group Inc. lifted its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 34.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,846 shares of the company’s stock valued at $112,000 after acquiring an additional 1,489 shares during the last quarter.
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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