SPDR Bloomberg 1-10 Year TIPS ETF $TIPX Position Reduced by Hibernia Wealth Partners LLC

Hibernia Wealth Partners LLC reduced its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) by 50.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 86,426 shares of the company’s stock after selling 88,666 shares during the quarter. SPDR Bloomberg 1-10 Year TIPS ETF makes up about 1.1% of Hibernia Wealth Partners LLC’s holdings, making the stock its 17th largest position. Hibernia Wealth Partners LLC’s holdings in SPDR Bloomberg 1-10 Year TIPS ETF were worth $1,667,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of TIPX. Ballast Advisors LLC acquired a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 3rd quarter valued at about $43,000. Creative Financial Designs Inc. ADV raised its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 64.9% during the third quarter. Creative Financial Designs Inc. ADV now owns 29,261 shares of the company’s stock valued at $564,000 after buying an additional 11,514 shares in the last quarter. Maridea Wealth Management LLC lifted its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 13.6% during the 3rd quarter. Maridea Wealth Management LLC now owns 42,096 shares of the company’s stock worth $813,000 after buying an additional 5,029 shares during the last quarter. Merit Financial Group LLC lifted its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 8.3% during the 3rd quarter. Merit Financial Group LLC now owns 44,282 shares of the company’s stock worth $854,000 after buying an additional 3,404 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 16.7% in the 3rd quarter. HighTower Advisors LLC now owns 90,376 shares of the company’s stock worth $1,743,000 after acquiring an additional 12,911 shares in the last quarter.

SPDR Bloomberg 1-10 Year TIPS ETF Price Performance

TIPX stock opened at $19.31 on Friday. The stock’s 50 day simple moving average is $19.18 and its 200 day simple moving average is $19.22. SPDR Bloomberg 1-10 Year TIPS ETF has a 12-month low of $18.65 and a 12-month high of $19.41.

SPDR Bloomberg 1-10 Year TIPS ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.011 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 0.7%.

SPDR Bloomberg 1-10 Year TIPS ETF Profile

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.