SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) Reaches New 52-Week High – Here’s What Happened

SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX)’s share price reached a new 52-week high on Thursday . The stock traded as high as $19.27 and last traded at $19.25, with a volume of 15148 shares changing hands. The stock had previously closed at $19.08.

SPDR Bloomberg Barclays 1-10 Year TIPS ETF Price Performance

The business has a 50-day simple moving average of $18.88 and a 200-day simple moving average of $18.75.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TIPX. Jones Financial Companies Lllp acquired a new position in SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the 4th quarter worth $25,000. Golden State Wealth Management LLC acquired a new position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the fourth quarter worth about $33,000. Lynx Investment Advisory increased its stake in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 21.4% during the fourth quarter. Lynx Investment Advisory now owns 40,946 shares of the company’s stock worth $757,000 after buying an additional 7,209 shares during the period. Pinnacle Wealth Planning Services Inc. raised its holdings in SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 2.6% in the fourth quarter. Pinnacle Wealth Planning Services Inc. now owns 214,283 shares of the company’s stock valued at $3,962,000 after acquiring an additional 5,470 shares in the last quarter. Finally, ST Germain D J Co. Inc. lifted its stake in SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 4.7% in the fourth quarter. ST Germain D J Co. Inc. now owns 1,026,656 shares of the company’s stock worth $18,983,000 after acquiring an additional 46,129 shares during 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.