Richardson Financial Services Inc. Takes Position in SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX)

Richardson Financial Services Inc. bought a new stake in SPDR Bloomberg Barclays 1-10 Year TIPS ETF (NYSEARCA:TIPX) during the fourth quarter, HoldingsChannel reports. The firm bought 18,660 shares of the company’s stock, valued at approximately $347,000.

A number of other hedge funds and other institutional investors have also modified their holdings of TIPX. Certified Advisory Corp increased its position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 3.6% in the third quarter. Certified Advisory Corp now owns 171,127 shares of the company’s stock valued at $3,094,000 after acquiring an additional 5,990 shares during the last quarter. Raleigh Capital Management Inc. increased its position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 18.3% in the third quarter. Raleigh Capital Management Inc. now owns 90,575 shares of the company’s stock valued at $1,638,000 after acquiring an additional 13,991 shares during the last quarter. VisionPoint Advisory Group LLC increased its position in shares of SPDR Bloomberg Barclays 1-10 Year TIPS ETF by 156.6% in the third quarter. VisionPoint Advisory Group LLC now owns 6,889 shares of the company’s stock valued at $125,000 after acquiring an additional 4,204 shares during the last quarter. Canandaigua National Bank & Trust Co. acquired a new position in SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the fourth quarter worth approximately $259,000. Finally, Regency Capital Management Inc. DE acquired a new position in SPDR Bloomberg Barclays 1-10 Year TIPS ETF during the fourth quarter worth approximately $472,000.

SPDR Bloomberg Barclays 1-10 Year TIPS ETF Price Performance

NYSEARCA TIPX remained flat at $18.43 during trading on Friday. The company’s stock had a trading volume of 61,993 shares, compared to its average volume of 256,953. The firm’s fifty day simple moving average is $18.39 and its 200 day simple moving average is $18.47. SPDR Bloomberg Barclays 1-10 Year TIPS ETF has a 1 year low of $17.85 and a 1 year high of $18.73.

About SPDR Bloomberg Barclays 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.