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

Parallel Advisors LLC bought a new stake in SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPXFree Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 58,132 shares of the company’s stock, valued at approximately $1,116,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Flow Traders U.S. LLC acquired a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the second quarter valued at approximately $210,000. NewEdge Advisors LLC increased its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 3.9% in the 2nd quarter. NewEdge Advisors LLC now owns 157,151 shares of the company’s stock valued at $3,008,000 after acquiring an additional 5,906 shares during the period. Raymond James Financial Inc. increased its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 6.7% in the 2nd quarter. Raymond James Financial Inc. now owns 83,507 shares of the company’s stock valued at $1,598,000 after acquiring an additional 5,243 shares during the period. Modern Wealth Management LLC acquired a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 2nd quarter valued at $394,000. Finally, Orion Porfolio Solutions LLC raised its position in SPDR Bloomberg 1-10 Year TIPS ETF by 54.6% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 25,066 shares of the company’s stock valued at $480,000 after purchasing an additional 8,850 shares during the last quarter.

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

Shares of NYSEARCA:TIPX opened at $18.72 on Thursday. The firm has a fifty day moving average price of $18.93 and a 200 day moving average price of $19.11. SPDR Bloomberg 1-10 Year TIPS ETF has a 1-year low of $18.70 and a 1-year high of $19.41.

SPDR Bloomberg 1-10 Year TIPS ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX)

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