Sonoma Allocations LLC Cuts Stock Holdings in SPDR Bloomberg 1-10 Year TIPS ETF $TIPX

Sonoma Allocations LLC reduced its position in SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) by 38.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 235,287 shares of the company’s stock after selling 144,124 shares during the period. SPDR Bloomberg 1-10 Year TIPS ETF comprises about 1.5% of Sonoma Allocations LLC’s portfolio, making the stock its 17th biggest holding. Sonoma Allocations LLC’s holdings in SPDR Bloomberg 1-10 Year TIPS ETF were worth $4,506,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd grew its position in SPDR Bloomberg 1-10 Year TIPS ETF by 943.5% during the third quarter. Qube Research & Technologies Ltd now owns 2,160 shares of the company’s stock valued at $42,000 after buying an additional 1,953 shares during the period. Ballast Advisors LLC acquired a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the third quarter worth about $43,000. Jones Financial Companies Lllp raised its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 62.5% in the third quarter. Jones Financial Companies Lllp now owns 2,529 shares of the company’s stock worth $49,000 after acquiring an additional 973 shares during the period. PNC Financial Services Group Inc. boosted 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 acquiring an additional 1,489 shares in the last quarter. Finally, Scotia Capital Inc. purchased a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF during the 3rd quarter worth about $193,000.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance

NYSEARCA:TIPX opened at $18.90 on Friday. SPDR Bloomberg 1-10 Year TIPS ETF has a 52 week low of $18.83 and a 52 week high of $19.41. The stock’s 50-day moving average price is $19.15 and its 200-day moving average price is $19.16.

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.