Concurrent Investment Advisors LLC Purchases New Position in SPDR Bloomberg 1-10 Year TIPS ETF $TIPX

Concurrent Investment Advisors LLC purchased a new stake in SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) during the 4th quarter, HoldingsChannel reports. The fund purchased 61,969 shares of the company’s stock, valued at approximately $1,182,000.

Several other institutional investors have also bought and sold shares of the stock. PFG Investments LLC acquired a new stake in SPDR Bloomberg 1-10 Year TIPS ETF in the 4th quarter valued at $249,000. Treasure Coast Financial Planning boosted its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 6.1% in the 4th quarter. Treasure Coast Financial Planning now owns 563,890 shares of the company’s stock valued at $10,761,000 after buying an additional 32,211 shares in the last quarter. McNamara Financial Services Inc. boosted its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 4.0% in the 4th quarter. McNamara Financial Services Inc. now owns 69,923 shares of the company’s stock valued at $1,334,000 after buying an additional 2,685 shares in the last quarter. Raleigh Capital Management Inc. boosted its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 5.0% in the 4th quarter. Raleigh Capital Management Inc. now owns 116,170 shares of the company’s stock valued at $2,217,000 after buying an additional 5,493 shares in the last quarter. Finally, Lockerman Financial Group Inc. boosted its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 4.1% in the 4th quarter. Lockerman Financial Group Inc. now owns 17,850 shares of the company’s stock valued at $341,000 after buying an additional 698 shares in the last quarter.

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

Shares of TIPX stock opened at $19.33 on Friday. The stock’s fifty day simple moving average is $19.24 and its 200 day simple moving average is $19.20. SPDR Bloomberg 1-10 Year TIPS ETF has a one year low of $18.85 and a one year high of $19.41.

SPDR Bloomberg 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.