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

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) shares saw unusually-high trading volume on Monday . Approximately 430,888 shares were traded during trading, an increase of 80% from the previous session’s volume of 239,385 shares.The stock last traded at $19.33 and had previously closed at $19.31.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance

The company’s 50 day moving average is $19.18 and its 200-day moving average is $19.22.

SPDR Bloomberg 1-10 Year TIPS ETF Dividend Announcement

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

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Qube Research & Technologies Ltd increased its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 943.5% during the 3rd quarter. Qube Research & Technologies Ltd now owns 2,160 shares of the company’s stock valued at $42,000 after purchasing an additional 1,953 shares during the last quarter. Ballast Advisors LLC purchased a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 3rd quarter worth about $43,000. Jones Financial Companies Lllp grew its position in SPDR Bloomberg 1-10 Year TIPS ETF by 62.5% during the third quarter. Jones Financial Companies Lllp now owns 2,529 shares of the company’s stock valued at $49,000 after buying an additional 973 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 34.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,846 shares of the company’s stock worth $112,000 after purchasing an additional 1,489 shares during the last quarter. Finally, Scotia Capital Inc. bought a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 3rd quarter worth approximately $193,000.

SPDR Bloomberg 1-10 Year TIPS ETF Company 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.