SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sees Unusually-High Trading Volume – Time to Buy?

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) shares saw an uptick in trading volume on Friday . 592,699 shares traded hands during trading, an increase of 135% from the previous session’s volume of 252,081 shares.The stock last traded at $19.21 and had previously closed at $19.27.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance

The stock has a 50-day moving average price of $19.21 and a 200-day moving average price of $19.22.

SPDR Bloomberg 1-10 Year TIPS ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.011 dividend. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, March 2nd.

Hedge Funds Weigh In On SPDR Bloomberg 1-10 Year TIPS ETF

Large investors have recently made changes to their positions in the business. State Street Corp raised its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 4.2% in the 4th quarter. State Street Corp now owns 55,696,115 shares of the company’s stock worth $1,062,682,000 after purchasing an additional 2,231,794 shares in the last quarter. LPL Financial LLC boosted its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 2.9% during the fourth quarter. LPL Financial LLC now owns 2,569,385 shares of the company’s stock worth $49,024,000 after buying an additional 71,359 shares in the last quarter. ST Germain D J Co. Inc. grew its position in SPDR Bloomberg 1-10 Year TIPS ETF by 13.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 1,464,107 shares of the company’s stock worth $27,935,000 after buying an additional 169,271 shares during the last quarter. Brio Consultants LLC grew its position in SPDR Bloomberg 1-10 Year TIPS ETF by 6.5% in the fourth quarter. Brio Consultants LLC now owns 946,670 shares of the company’s stock worth $18,062,000 after buying an additional 58,106 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings 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 buying an additional 120,184 shares in the last quarter.

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.