SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) Reaches New 52-Week High – Time to Buy?

SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX)’s share price hit a new 52-week high on Thursday . The stock traded as high as $19.27 and last traded at $19.25, with a volume of 15148 shares trading hands. The stock had previously closed at $19.08.

SPDR Bloomberg Barclays 1-10 Year TIPS ETF Stock Down 0.4 %

The company has a fifty day moving average price of $18.90 and a two-hundred day moving average price of $18.76.

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

A number of institutional investors and hedge funds have recently bought and sold shares of TIPX. Jones Financial Companies Lllp bought a new stake in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF in the 4th quarter worth approximately $25,000. Golden State Wealth Management LLC acquired a new position in SPDR Bloomberg Barclays 1-10 Year TIPS ETF in the fourth quarter worth approximately $33,000. Lynx Investment Advisory increased its holdings in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 21.4% in the fourth quarter. Lynx Investment Advisory now owns 40,946 shares of the company’s stock valued at $757,000 after buying an additional 7,209 shares in the last quarter. Pinnacle Wealth Planning Services Inc. lifted its position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 2.6% during the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 214,283 shares of the company’s stock valued at $3,962,000 after acquiring an additional 5,470 shares during the last quarter. Finally, ST Germain D J Co. Inc. boosted its stake in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 4.7% during the 4th quarter. ST Germain D J Co. Inc. now owns 1,026,656 shares of the company’s stock worth $18,983,000 after acquiring an additional 46,129 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.