SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) Reaches New 12-Month High – Still a Buy?

SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) reached a new 52-week high on Friday . The stock traded as high as $19.13 and last traded at $19.14, with a volume of 13108 shares traded. The stock had previously closed at $19.06.

SPDR Bloomberg Barclays 1-10 Year TIPS ETF Price Performance

The stock has a 50-day moving average price of $18.85 and a two-hundred day moving average price of $18.75.

Institutional Investors Weigh In On SPDR Bloomberg Barclays 1-10 Year TIPS ETF

A number of large investors have recently modified their holdings of the stock. Flow Traders U.S. LLC bought a new position in SPDR Bloomberg Barclays 1-10 Year TIPS ETF in the third quarter worth about $3,433,000. ST Germain D J Co. Inc. grew its holdings in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 4.7% during the 4th 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 period. Lynx Investment Advisory raised its position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 21.4% in the 4th quarter. Lynx Investment Advisory now owns 40,946 shares of the company’s stock worth $757,000 after acquiring an additional 7,209 shares in the last quarter. Pinnacle Wealth Planning Services Inc. lifted its stake in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 2.6% in the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 214,283 shares of the company’s stock valued at $3,962,000 after purchasing an additional 5,470 shares during the period. Finally, Golden State Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the fourth quarter valued at approximately $33,000.

SPDR Bloomberg Barclays 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.