SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sees Large Volume Increase – Should You Buy?

Shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) saw strong trading volume on Monday . 1,813,856 shares traded hands during mid-day trading, an increase of 574% from the previous session’s volume of 268,974 shares.The stock last traded at $19.20 and had previously closed at $19.15.

SPDR Bloomberg Barclays 1-10 Year TIPS ETF Stock Down 0.5 %

The firm’s 50-day moving average is $18.87 and its two-hundred day moving average is $18.75.

Hedge Funds 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 the business. Golden State Wealth Management LLC acquired a new position in SPDR Bloomberg Barclays 1-10 Year TIPS ETF in the fourth quarter valued at about $33,000. Lynx Investment Advisory boosted its holdings in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 21.4% in the 4th 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 during the last quarter. ST Germain D J Co. Inc. raised its holdings in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 4.7% in the 4th quarter. ST Germain D J Co. Inc. now owns 1,026,656 shares of the company’s stock valued at $18,983,000 after purchasing an additional 46,129 shares during the period. Pinnacle Wealth Planning Services Inc. raised its stake in SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 2.6% in the fourth quarter. Pinnacle Wealth Planning Services Inc. now owns 214,283 shares of the company’s stock valued at $3,962,000 after buying an additional 5,470 shares during the period. Finally, Jones Financial Companies Lllp acquired a new stake in SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the 4th quarter valued at $25,000.

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.