SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sees Strong Trading Volume – Here’s What Happened

SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) saw an uptick in trading volume on Tuesday . 328,025 shares were traded during mid-day trading, an increase of 52% from the previous session’s volume of 215,412 shares.The stock last traded at $18.66 and had previously closed at $18.66.

SPDR Bloomberg Barclays 1-10 Year TIPS ETF Stock Up 0.1 %

The stock’s fifty day simple moving average is $18.59 and its 200 day simple moving average is $18.68.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the 4th quarter worth $33,000. Richardson Financial Services Inc. raised its position in SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 9.2% in the third quarter. Richardson Financial Services Inc. now owns 13,331 shares of the company’s stock worth $247,000 after acquiring an additional 1,123 shares in the last quarter. Lynx Investment Advisory boosted its position 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 in the last quarter. Tidemark LLC grew 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 worth $768,000 after acquiring an additional 2,825 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the third quarter worth $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.