SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sees Large Volume Increase – Here’s Why

SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) saw an uptick in trading volume on Monday . 429,623 shares traded hands during mid-day trading, an increase of 100% from the previous session’s volume of 215,137 shares.The stock last traded at $18.47 and had previously closed at $18.46.

SPDR Bloomberg Barclays 1-10 Year TIPS ETF Trading Up 0.1 %

The firm’s 50 day moving average is $18.60 and its two-hundred day moving average is $18.67.

Institutional Trading of SPDR Bloomberg Barclays 1-10 Year TIPS ETF

A number of large investors have recently made changes to their positions in TIPX. Richardson Financial Services Inc. grew its holdings in SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 9.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 13,331 shares of the company’s stock worth $247,000 after acquiring an additional 1,123 shares in the last quarter. Lynx Investment Advisory increased its holdings in SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 2.1% in the third quarter. Lynx Investment Advisory now owns 33,737 shares of the company’s stock valued at $639,000 after buying an additional 701 shares during the last quarter. Tidemark LLC increased its holdings in SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 7.5% in the third quarter. Tidemark LLC now owns 40,536 shares of the company’s stock valued at $768,000 after buying an additional 2,825 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the 3rd quarter worth about $3,433,000. Finally, ST Germain D J Co. Inc. boosted its position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 4.3% during the 3rd quarter. ST Germain D J Co. Inc. now owns 980,527 shares of the company’s stock worth $18,581,000 after acquiring an additional 40,603 shares in the last quarter.

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.