SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sees Unusually-High Trading Volume

SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) shares saw strong trading volume on Friday . 1,216,123 shares changed hands during mid-day trading, an increase of 376% from the previous session’s volume of 255,676 shares.The stock last traded at $18.54 and had previously closed at $18.49.

SPDR Bloomberg Barclays 1-10 Year TIPS ETF Stock Performance

The stock’s 50 day moving average price is $18.41 and its 200 day moving average price is $18.48.

Institutional Investors Weigh In On SPDR Bloomberg Barclays 1-10 Year TIPS ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. VisionPoint Advisory Group LLC raised its holdings in SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 156.6% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 6,889 shares of the company’s stock valued at $125,000 after acquiring an additional 4,204 shares during the period. Canandaigua National Bank & Trust Co. bought a new position in SPDR Bloomberg Barclays 1-10 Year TIPS ETF in the 4th quarter valued at about $259,000. Richardson Financial Services Inc. bought a new position in SPDR Bloomberg Barclays 1-10 Year TIPS ETF in the 4th quarter valued at about $347,000. Regency Capital Management Inc. DE bought a new position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the fourth quarter worth approximately $472,000. Finally, Tidemark LLC bought a new position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the fourth quarter worth approximately $910,000.

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.