SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sees Unusually-High Trading Volume – Still a Buy?

SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) shares saw unusually-high trading volume on Monday . Approximately 1,813,856 shares changed hands during trading, an increase of 574% from the previous session’s volume of 268,974 shares.The stock last traded at $19.20 and had previously closed at $19.15.

SPDR Bloomberg Barclays 1-10 Year TIPS ETF Trading Up 0.3 %

The business has a 50-day moving average price of $18.85 and a 200-day moving average price of $18.75.

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

A number of hedge funds have recently made changes to their positions in TIPX. Jones Financial Companies Lllp acquired a new position in SPDR Bloomberg Barclays 1-10 Year TIPS ETF in the fourth quarter worth $25,000. Golden State Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the fourth quarter worth approximately $33,000. Lynx Investment Advisory raised its position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 21.4% during the 4th quarter. Lynx Investment Advisory now owns 40,946 shares of the company’s stock valued at $757,000 after acquiring an additional 7,209 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in SPDR Bloomberg Barclays 1-10 Year TIPS ETF in the third quarter valued at about $3,433,000. Finally, Pinnacle Wealth Planning Services Inc. raised its position 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 valued at $3,962,000 after acquiring an additional 5,470 shares during the period.

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.