Parallel Advisors LLC Acquires New Position in SPDR Bloomberg 1-10 Year TIPS ETF $TIPX

Parallel Advisors LLC acquired a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 58,132 shares of the company’s stock, valued at approximately $1,116,000. Parallel Advisors LLC owned about 0.06% of SPDR Bloomberg 1-10 Year TIPS ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. purchased a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the first quarter worth about $35,000. Qube Research & Technologies Ltd lifted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 943.5% during the 3rd 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 in the last quarter. Turtle Creek Wealth Advisors LLC bought a new position in SPDR Bloomberg 1-10 Year TIPS ETF in the 1st quarter worth approximately $53,000. PNC Financial Services Group Inc. boosted its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 34.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,846 shares of the company’s stock worth $112,000 after buying an additional 1,489 shares during the period. Finally, Western Wealth Management LLC bought a new position in SPDR Bloomberg 1-10 Year TIPS ETF in the 1st quarter worth approximately $119,000.

SPDR Bloomberg 1-10 Year TIPS ETF Trading Up 0.1%

SPDR Bloomberg 1-10 Year TIPS ETF stock opened at $18.61 on Friday. The firm has a 50 day simple moving average of $18.81 and a 200 day simple moving average of $19.07. SPDR Bloomberg 1-10 Year TIPS ETF has a 1-year low of $18.57 and a 1-year high of $19.41.

SPDR Bloomberg 1-10 Year TIPS ETF 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.