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

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) shares saw strong trading volume on Tuesday . 3,208,503 shares were traded during trading, an increase of 958% from the previous session’s volume of 303,146 shares.The stock last traded at $19.21 and had previously closed at $19.18.

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

The business’s 50-day moving average is $19.22 and its two-hundred day moving average is $19.21.

SPDR Bloomberg 1-10 Year TIPS ETF Announces Dividend

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

Institutional Trading of SPDR Bloomberg 1-10 Year TIPS ETF

A number of large investors have recently made changes to their positions in TIPX. Silver Oak Securities Incorporated acquired a new stake in SPDR Bloomberg 1-10 Year TIPS ETF during the 3rd quarter worth approximately $2,184,000. Retireful LLC purchased a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 3rd quarter valued at approximately $583,000. Global Retirement Partners LLC acquired a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the second quarter valued at approximately $371,000. Sonoma Allocations LLC purchased a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF during the third quarter worth approximately $7,334,000. Finally, ST Germain D J Co. Inc. raised its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 5.2% during the third quarter. ST Germain D J Co. Inc. now owns 1,294,836 shares of the company’s stock worth $24,977,000 after purchasing an additional 64,514 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.