McIlrath & Eck LLC purchased a new position in SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 240,061 shares of the company’s stock, valued at approximately $4,607,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of TIPX. Bank of America Corp DE raised its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 334.8% in the first quarter. Bank of America Corp DE now owns 987,334 shares of the company’s stock worth $18,947,000 after buying an additional 760,257 shares in the last quarter. Royal Bank of Canada boosted its position in SPDR Bloomberg 1-10 Year TIPS ETF by 30.9% during the 1st quarter. Royal Bank of Canada now owns 52,854 shares of the company’s stock valued at $1,015,000 after acquiring an additional 12,481 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 9.0% in the 1st quarter. Cetera Investment Advisers now owns 166,047 shares of the company’s stock valued at $3,186,000 after acquiring an additional 13,704 shares during the period. Parallel Advisors LLC bought a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 1st quarter worth $1,116,000. Finally, Geneos Wealth Management Inc. bought a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 1st quarter worth $35,000.
SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance
Shares of NYSEARCA TIPX opened at $18.73 on Friday. SPDR Bloomberg 1-10 Year TIPS ETF has a 1-year low of $18.66 and a 1-year high of $19.41. The business has a fifty day moving average price of $18.87 and a 200 day moving average price of $19.09.
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.
See Also
- Five stocks we like better than SPDR Bloomberg 1-10 Year TIPS ETF
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Want to see what other hedge funds are holding TIPX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX – Free Report).
Receive News & Ratings for SPDR Bloomberg 1-10 Year TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg 1-10 Year TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.
