Maridea Wealth Management LLC Sells 27,082 Shares of SPDR Bloomberg 1-10 Year TIPS ETF $TIPX

Maridea Wealth Management LLC cut its position in SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) by 65.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,488 shares of the company’s stock after selling 27,082 shares during the period. Maridea Wealth Management LLC’s holdings in SPDR Bloomberg 1-10 Year TIPS ETF were worth $278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of TIPX. Qube Research & Technologies Ltd lifted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 943.5% during the 3rd quarter. Qube Research & Technologies Ltd now owns 2,160 shares of the company’s stock valued at $42,000 after buying an additional 1,953 shares in the last quarter. Ballast Advisors LLC purchased a new stake in SPDR Bloomberg 1-10 Year TIPS ETF in the 3rd quarter worth $43,000. PNC Financial Services Group Inc. raised its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 34.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,846 shares of the company’s stock valued at $112,000 after acquiring an additional 1,489 shares during the period. Scotia Capital Inc. bought a new stake in SPDR Bloomberg 1-10 Year TIPS ETF during the third quarter valued at about $193,000. Finally, True Vision MN LLC purchased a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the fourth quarter valued at about $194,000.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance

Shares of SPDR Bloomberg 1-10 Year TIPS ETF stock opened at $18.93 on Monday. The stock’s 50-day simple moving average is $19.11 and its 200-day simple moving average is $19.15. SPDR Bloomberg 1-10 Year TIPS ETF has a 52 week low of $18.83 and a 52 week 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.