McIlrath & Eck LLC Invests $4.61 Million in SPDR Bloomberg 1-10 Year TIPS ETF $TIPX

McIlrath & Eck LLC acquired a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 240,061 shares of the company’s stock, valued at approximately $4,607,000. McIlrath & Eck LLC owned approximately 0.25% of SPDR Bloomberg 1-10 Year TIPS ETF at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 334.8% in the 1st quarter. Bank of America Corp DE now owns 987,334 shares of the company’s stock worth $18,947,000 after acquiring an additional 760,257 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 30.9% in the first quarter. Royal Bank of Canada now owns 52,854 shares of the company’s stock valued at $1,015,000 after purchasing an additional 12,481 shares during the period. Cetera Investment Advisers grew its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 9.0% in the first quarter. Cetera Investment Advisers now owns 166,047 shares of the company’s stock worth $3,186,000 after purchasing an additional 13,704 shares in the last quarter. Parallel Advisors LLC bought a new position in SPDR Bloomberg 1-10 Year TIPS ETF in the first quarter worth approximately $1,116,000. Finally, Geneos Wealth Management Inc. purchased a new position in SPDR Bloomberg 1-10 Year TIPS ETF during the 1st quarter worth $35,000.

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

Shares of NYSEARCA TIPX opened at $18.73 on Friday. The business has a fifty day simple moving average of $18.87 and a two-hundred day simple moving average of $19.09. SPDR Bloomberg 1-10 Year TIPS ETF has a twelve month low of $18.66 and a twelve month high of $19.41.

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.