SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX – Get Free Report) passed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $18.38 and traded as low as $18.28. SPDR Bloomberg 1-10 Year TIPS ETF shares last traded at $18.31, with a volume of 226,215 shares changing hands.
SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance
The stock’s 50 day moving average is $18.38 and its 200 day moving average is $18.86.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in TIPX. Global Retirement Partners LLC grew its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 10.8% during the 3rd quarter. Global Retirement Partners LLC now owns 31,356 shares of the company’s stock valued at $571,000 after purchasing an additional 3,048 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the third quarter worth $2,538,000. Harbour Investments Inc. purchased a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the third quarter worth $981,000. Jacobi Capital Management LLC bought a new stake in SPDR Bloomberg 1-10 Year TIPS ETF during the third quarter valued at $28,000. Finally, Simplex Trading LLC bought a new stake in SPDR Bloomberg 1-10 Year TIPS ETF during the third quarter valued at $108,000.
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.
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