Richardson Financial Services Inc. Buys 1,123 Shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX)

Richardson Financial Services Inc. increased its holdings in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) by 9.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,331 shares of the company’s stock after purchasing an additional 1,123 shares during the period. Richardson Financial Services Inc.’s holdings in SPDR Bloomberg Barclays 1-10 Year TIPS ETF were worth $247,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. ORG Partners LLC acquired a new stake in SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the second quarter worth about $54,000. Lynx Investment Advisory purchased a new position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the 2nd quarter valued at approximately $611,000. Pinnacle Wealth Planning Services Inc. lifted its stake in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 2.5% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 192,292 shares of the company’s stock valued at $3,584,000 after purchasing an additional 4,687 shares during the period. Finally, ST Germain D J Co. Inc. lifted its stake in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 5.7% in the 2nd quarter. ST Germain D J Co. Inc. now owns 939,924 shares of the company’s stock valued at $17,370,000 after purchasing an additional 50,879 shares during the period.

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

TIPX stock traded down $0.02 during midday trading on Friday, hitting $18.69. 154,259 shares of the stock traded hands, compared to its average volume of 244,070. The stock’s fifty day simple moving average is $18.83 and its 200-day simple moving average is $18.59. SPDR Bloomberg Barclays 1-10 Year TIPS ETF has a 1-year low of $17.96 and a 1-year high of $19.02.

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.