Envestnet Asset Management Inc. Increases Stake in SPDR Bloomberg 1-10 Year TIPS ETF $TIPX

Envestnet Asset Management Inc. boosted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) by 7.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 748,635 shares of the company’s stock after purchasing an additional 54,640 shares during the period. Envestnet Asset Management Inc. owned approximately 0.80% of SPDR Bloomberg 1-10 Year TIPS ETF worth $14,441,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in TIPX. Jones Financial Companies Lllp grew its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 62.5% during the third quarter. Jones Financial Companies Lllp now owns 2,529 shares of the company’s stock valued at $49,000 after buying an additional 973 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in SPDR Bloomberg 1-10 Year TIPS ETF by 62.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 10,357 shares of the company’s stock worth $198,000 after acquiring an additional 4,000 shares during the period. Running Point Capital Advisors LLC lifted its position in SPDR Bloomberg 1-10 Year TIPS ETF by 72.1% during the 3rd quarter. Running Point Capital Advisors LLC now owns 10,687 shares of the company’s stock worth $206,000 after acquiring an additional 4,478 shares during the period. Western Wealth Management LLC grew its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 7.5% during the 2nd quarter. Western Wealth Management LLC now owns 10,922 shares of the company’s stock valued at $209,000 after purchasing an additional 766 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the second quarter valued at about $210,000.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance

Shares of NYSEARCA:TIPX opened at $19.27 on Tuesday. SPDR Bloomberg 1-10 Year TIPS ETF has a 52-week low of $18.65 and a 52-week high of $19.41. The business has a 50-day moving average price of $19.13 and a 200-day moving average price of $19.21.

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.