SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sets New 52-Week Low – What’s Next?

by · The Markets Daily

Shares of SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $18.74 and last traded at $18.75, with a volume of 2192 shares. The stock had previously closed at $18.96.

SPDR Bloomberg 1-10 Year TIPS ETF Price Performance

The business has a 50 day simple moving average of $19.09 and a 200 day simple moving average of $19.15.

Hedge Funds Weigh In On SPDR Bloomberg 1-10 Year TIPS ETF

Institutional investors have recently modified their holdings of the company. Flow Traders U.S. LLC acquired a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF during the 2nd quarter worth about $210,000. NewEdge Advisors LLC grew its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 3.9% in the 2nd quarter. NewEdge Advisors LLC now owns 157,151 shares of the company’s stock valued at $3,008,000 after buying an additional 5,906 shares during the last quarter. Raymond James Financial Inc. grew its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 6.7% in the 2nd quarter. Raymond James Financial Inc. now owns 83,507 shares of the company’s stock valued at $1,598,000 after buying an additional 5,243 shares during the last quarter. Modern Wealth Management LLC acquired a new stake in SPDR Bloomberg 1-10 Year TIPS ETF in the 2nd quarter valued at approximately $394,000. Finally, Orion Porfolio Solutions LLC increased its position in SPDR Bloomberg 1-10 Year TIPS ETF by 54.6% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 25,066 shares of the company’s stock worth $480,000 after buying an additional 8,850 shares during the period.

About SPDR Bloomberg 1-10 Year TIPS ETF

(Get Free Report)

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.

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