SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Hits New 1-Year Low – Here’s What Happened

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX)’s share price reached a new 52-week low on Thursday . The stock traded as low as $18.56 and last traded at $18.57, with a volume of 844087 shares traded. The stock had previously closed at $18.58.

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

The stock’s fifty day moving average price is $18.68 and its 200-day moving average price is $19.00.

Institutional Trading of SPDR Bloomberg 1-10 Year TIPS ETF

A number of hedge funds have recently modified their holdings of TIPX. Truist Financial Corp raised its position in SPDR Bloomberg 1-10 Year TIPS ETF by 1.1% during the fourth quarter. Truist Financial Corp now owns 55,781 shares of the company’s stock valued at $1,064,000 after buying an additional 624 shares during the period. Sigma Planning Corp boosted its position in SPDR Bloomberg 1-10 Year TIPS ETF by 4.5% during the 1st quarter. Sigma Planning Corp now owns 19,733 shares of the company’s stock worth $379,000 after acquiring an additional 847 shares during the period. PCB Capital LLC boosted its position in SPDR Bloomberg 1-10 Year TIPS ETF by 7.4% during the 1st quarter. PCB Capital LLC now owns 13,751 shares of the company’s stock worth $264,000 after acquiring an additional 949 shares during the period. RFG Advisory LLC grew its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 4.9% during the 1st quarter. RFG Advisory LLC now owns 23,138 shares of the company’s stock valued at $444,000 after acquiring an additional 1,078 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 3.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 34,846 shares of the company’s stock valued at $665,000 after acquiring an additional 1,107 shares in the last quarter.

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.