SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sees Unusually-High Trading Volume – Here’s What Happened

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) shares saw strong trading volume on Thursday . 257,337 shares traded hands during trading, a decline of 32% from the previous session’s volume of 380,293 shares.The stock last traded at $18.76 and had previously closed at $18.72.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Up 0.3%

The stock has a 50-day moving average of $19.08 and a 200 day moving average of $19.15.

Institutional Investors Weigh In On SPDR Bloomberg 1-10 Year TIPS ETF

Several institutional investors have recently modified their holdings of the business. Treasure Coast Financial Planning grew its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 6.1% during the 4th quarter. Treasure Coast Financial Planning now owns 563,890 shares of the company’s stock worth $10,761,000 after acquiring an additional 32,211 shares during the period. Foundations Investment Advisors LLC lifted its stake in shares of 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 valued at $2,307,000 after purchasing an additional 52,940 shares during the period. Austin Private Wealth LLC boosted its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 14.3% in the 4th quarter. Austin Private Wealth LLC now owns 234,456 shares of the company’s stock worth $4,473,000 after purchasing an additional 29,305 shares during the last quarter. Hibernia Wealth Partners LLC boosted its position in shares of 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 worth $3,383,000 after purchasing an additional 90,884 shares during the last quarter. Finally, Brio Consultants LLC grew its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 6.5% during the fourth quarter. Brio Consultants LLC now owns 946,670 shares of the company’s stock worth $18,062,000 after purchasing an additional 58,106 shares during the period.

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.