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

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) shares saw unusually-strong trading volume on Friday . 876,708 shares changed hands during mid-day trading, an increase of 159% from the previous session’s volume of 338,671 shares.The stock last traded at $18.94 and had previously closed at $18.90.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Up 0.2%

The company’s fifty day moving average price is $19.11 and its two-hundred day moving average price is $19.15.

Institutional Trading of SPDR Bloomberg 1-10 Year TIPS ETF

Several large investors have recently added to or reduced their stakes in TIPX. Balboa Wealth Partners increased its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 2.9% during the fourth quarter. Balboa Wealth Partners now owns 19,297 shares of the company’s stock worth $368,000 after buying an additional 535 shares in the last quarter. Signal Advisors Wealth LLC grew its position in SPDR Bloomberg 1-10 Year TIPS ETF by 2.4% during the 4th quarter. Signal Advisors Wealth LLC now owns 23,061 shares of the company’s stock worth $440,000 after acquiring an additional 544 shares during the last quarter. Brookstone Capital Management increased its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 1.1% during the 4th quarter. Brookstone Capital Management now owns 54,962 shares of the company’s stock valued at $1,049,000 after purchasing an additional 607 shares in the last quarter. Truist Financial Corp increased its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 1.1% during the 4th quarter. Truist Financial Corp now owns 55,781 shares of the company’s stock valued at $1,064,000 after purchasing an additional 624 shares in the last quarter. Finally, Breakwater Capital Group raised its position in SPDR Bloomberg 1-10 Year TIPS ETF by 2.0% in the 4th quarter. Breakwater Capital Group now owns 36,067 shares of the company’s stock valued at $688,000 after purchasing an additional 692 shares during the last quarter.

About SPDR Bloomberg 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.