Oarsman Capital Inc. Acquires Shares of 583,514 SPDR Bloomberg 1-10 Year TIPS ETF $TIPX

Oarsman Capital Inc. bought a new position in SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 583,514 shares of the company’s stock, valued at approximately $11,046,000. SPDR Bloomberg 1-10 Year TIPS ETF accounts for 0.8% of Oarsman Capital Inc.’s investment portfolio, making the stock its 15th biggest position. Oarsman Capital Inc. owned about 0.55% of SPDR Bloomberg 1-10 Year TIPS ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. State Street Corp lifted its position in SPDR Bloomberg 1-10 Year TIPS ETF by 4.2% in the fourth quarter. State Street Corp now owns 55,696,115 shares of the company’s stock worth $1,062,682,000 after buying an additional 2,231,794 shares during the last quarter. Bank of America Corp DE increased its position in SPDR Bloomberg 1-10 Year TIPS ETF by 334.8% during the first quarter. Bank of America Corp DE now owns 987,334 shares of the company’s stock valued at $18,947,000 after acquiring an additional 760,257 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in SPDR Bloomberg 1-10 Year TIPS ETF during the fourth quarter valued at $5,500,000. McIlrath & Eck LLC purchased a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the first quarter valued at $4,607,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 16.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 865,524 shares of the company’s stock valued at $16,514,000 after acquiring an additional 120,184 shares during the period.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance

SPDR Bloomberg 1-10 Year TIPS ETF stock opened at $18.58 on Monday. The firm has a 50-day moving average price of $18.71 and a 200-day moving average price of $19.02. SPDR Bloomberg 1-10 Year TIPS ETF has a 12-month low of $18.57 and a 12-month high of $19.41.

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.