Truist Financial Corp Boosts Position in SPDR Bloomberg 1-10 Year TIPS ETF $TIPX

Truist Financial Corp lifted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) by 4.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 51,969 shares of the company’s stock after acquiring an additional 2,401 shares during the period. Truist Financial Corp owned 0.06% of SPDR Bloomberg 1-10 Year TIPS ETF worth $995,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Lockerman Financial Group Inc. raised its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 8.5% during the 2nd quarter. Lockerman Financial Group Inc. now owns 16,999 shares of the company’s stock worth $325,000 after acquiring an additional 1,331 shares during the period. Golden State Wealth Management LLC raised its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 100.1% during the 1st quarter. Golden State Wealth Management LLC now owns 3,552 shares of the company’s stock worth $68,000 after acquiring an additional 1,777 shares during the period. Lynx Investment Advisory raised its position in SPDR Bloomberg 1-10 Year TIPS ETF by 11.3% in the first quarter. Lynx Investment Advisory now owns 45,553 shares of the company’s stock valued at $874,000 after purchasing an additional 4,607 shares during the period. Raleigh Capital Management Inc. lifted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 7.0% in the 2nd quarter. Raleigh Capital Management Inc. now owns 103,433 shares of the company’s stock valued at $1,980,000 after purchasing an additional 6,788 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 927.9% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 10,495 shares of the company’s stock valued at $201,000 after purchasing an additional 9,474 shares during the last quarter.

SPDR Bloomberg 1-10 Year TIPS ETF Price Performance

Shares of NYSEARCA:TIPX opened at $19.33 on Tuesday. SPDR Bloomberg 1-10 Year TIPS ETF has a 12-month low of $18.39 and a 12-month high of $19.41. The business has a 50-day moving average price of $19.28 and a 200 day moving average price of $19.11.

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.