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

SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) shares saw strong trading volume on Monday . 618,060 shares traded hands during trading, an increase of 157% from the previous session’s volume of 240,234 shares.The stock last traded at $18.73 and had previously closed at $18.71.

SPDR Bloomberg Barclays 1-10 Year TIPS ETF Trading Up 0.2 %

The stock has a fifty day moving average of $18.59 and a 200 day moving average of $18.69.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of TIPX. Lynx Investment Advisory raised its stake in SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 2.1% during the third quarter. Lynx Investment Advisory now owns 33,737 shares of the company’s stock valued at $639,000 after purchasing an additional 701 shares in the last quarter. Richardson Financial Services Inc. increased its position in SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 9.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 13,331 shares of the company’s stock valued at $247,000 after buying an additional 1,123 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the 4th quarter worth about $33,000. Tidemark LLC lifted its holdings in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 7.5% in the 3rd quarter. Tidemark LLC now owns 40,536 shares of the company’s stock valued at $768,000 after buying an additional 2,825 shares during the period. Finally, ST Germain D J Co. Inc. boosted its stake in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 4.3% during the 3rd quarter. ST Germain D J Co. Inc. now owns 980,527 shares of the company’s stock worth $18,581,000 after acquiring an additional 40,603 shares in the last quarter.

About SPDR Bloomberg Barclays 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.