SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 15.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 180,716 shares of the company’s stock after selling 33,457 shares during the period. Bank of New York Mellon Corp owned approximately 0.37% of SPDR Portfolio TIPS ETF worth $4,594,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. 1620 Investment Advisors Inc. purchased a new position in shares of SPDR Portfolio TIPS ETF in the 2nd quarter valued at about $26,000. Vima LLC purchased a new position in SPDR Portfolio TIPS ETF during the 4th quarter valued at about $39,000. Transcendent Capital Group LLC purchased a new position in SPDR Portfolio TIPS ETF during the 4th quarter valued at about $61,000. Principal Securities Inc. purchased a new position in SPDR Portfolio TIPS ETF during the 4th quarter valued at about $73,000. Finally, Tidemark LLC purchased a new position in SPDR Portfolio TIPS ETF during the 4th quarter valued at about $112,000.

SPDR Portfolio TIPS ETF Stock Performance

NYSEARCA:SPIP opened at $26.28 on Friday. The firm has a 50-day moving average price of $25.78 and a two-hundred day moving average price of $25.53. SPDR Portfolio TIPS ETF has a twelve month low of $24.33 and a twelve month high of $26.31.

About SPDR Portfolio TIPS ETF

The SPDR Portfolio TIPS ETF (SPIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of inflation-protected US Treasurys with a remaining maturity of at least one year. SPIP was launched on May 25, 2007 and is managed by State Street.