Blue Trust Inc. bought a new stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 6,224 shares of the company’s stock, valued at approximately $164,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Flow Traders U.S. LLC acquired a new position in shares of SPDR Portfolio TIPS ETF during the 3rd quarter valued at about $9,399,000. Post Resch Tallon Group Inc. purchased a new position in SPDR Portfolio TIPS ETF during the fourth quarter worth approximately $482,000. ERn Financial LLC raised its stake in SPDR Portfolio TIPS ETF by 5.5% during the fourth quarter. ERn Financial LLC now owns 230,742 shares of the company’s stock worth $5,840,000 after purchasing an additional 11,951 shares during the period. Charles Schwab Trust Co grew its stake in shares of SPDR Portfolio TIPS ETF by 122.8% during the 4th quarter. Charles Schwab Trust Co now owns 18,467 shares of the company’s stock valued at $467,000 after buying an additional 10,179 shares during the period. Finally, Verde Capital Management increased its holdings in shares of SPDR Portfolio TIPS ETF by 9.8% during the 4th quarter. Verde Capital Management now owns 108,375 shares of the company’s stock worth $2,743,000 after buying an additional 9,697 shares during the last quarter.
SPDR Portfolio TIPS ETF Stock Up 0.1 %
NYSEARCA SPIP opened at $25.76 on Wednesday. SPDR Portfolio TIPS ETF has a 1-year low of $24.94 and a 1-year high of $26.43. The business’s 50-day simple moving average is $25.52 and its 200-day simple moving average is $25.76.
SPDR Portfolio TIPS ETF Profile
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.
Further Reading
- Five stocks we like better than SPDR Portfolio TIPS ETF
- Basic Materials Stocks Investing
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- About the Markup Calculator
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
Want to see what other hedge funds are holding SPIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report).
Receive News & Ratings for SPDR Portfolio TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.
