57,325 Shares in SPDR Bloomberg 1-10 Year TIPS ETF $TIPX Bought by First PREMIER Bank

First PREMIER Bank purchased a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) during the 2nd quarter, HoldingsChannel reports. The firm purchased 57,325 shares of the company’s stock, valued at approximately $1,085,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nwam LLC acquired a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the second quarter worth about $497,000. JNBA Financial Advisors acquired a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF during the 2nd quarter valued at about $2,808,000. Oarsman Capital Inc. acquired a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF during the 2nd quarter valued at about $11,046,000. KWB Wealth purchased a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 2nd quarter valued at about $301,000. Finally, Breakwater Capital Group increased its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 34.4% in the 2nd quarter. Breakwater Capital Group now owns 60,437 shares of the company’s stock valued at $1,144,000 after purchasing an additional 15,475 shares in the last quarter.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Down 0.1%

NYSEARCA TIPX opened at $18.57 on Tuesday. The stock has a 50-day moving average of $18.71 and a 200 day moving average of $19.01. SPDR Bloomberg 1-10 Year TIPS ETF has a twelve month low of $18.56 and a twelve 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.