SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sees Unusually-High Trading Volume – Still a Buy?

SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) shares saw strong trading volume on Tuesday . 1,322,727 shares changed hands during trading, an increase of 464% from the previous session’s volume of 234,431 shares.The stock last traded at $18.51 and had previously closed at $18.49.

SPDR Bloomberg Barclays 1-10 Year TIPS ETF Price Performance

The stock has a 50-day moving average of $18.63 and a two-hundred day moving average of $18.67.

Institutional Trading of SPDR Bloomberg Barclays 1-10 Year TIPS ETF

Several large investors have recently added to or reduced their stakes in the company. ST Germain D J Co. Inc. raised its position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 4.3% during the third quarter. ST Germain D J Co. Inc. now owns 980,527 shares of the company’s stock worth $18,581,000 after purchasing an additional 40,603 shares during the period. Richardson Financial Services Inc. raised its stake in shares of 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 worth $247,000 after purchasing an additional 1,123 shares in the last quarter. Lynx Investment Advisory increased its stake in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 2.1% during the 3rd quarter. Lynx Investment Advisory now owns 33,737 shares of the company’s stock worth $639,000 after purchasing an additional 701 shares during the last quarter. Tidemark LLC lifted its holdings in SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 7.5% during the 3rd quarter. Tidemark LLC now owns 40,536 shares of the company’s stock valued at $768,000 after purchasing an additional 2,825 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the third quarter worth approximately $3,433,000.

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.