SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Get Free Report) shares saw an uptick in trading volume on Thursday . 916,647 shares traded hands during mid-day trading, an increase of 195% from the previous session’s volume of 310,206 shares.The stock last traded at $25.69 and had previously closed at $25.61.
SPDR Portfolio TIPS ETF Trading Up 0.4%
The stock’s 50 day moving average price is $26.00 and its 200 day moving average price is $26.07.
Hedge Funds Weigh In On SPDR Portfolio TIPS ETF
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Western Wealth Management LLC acquired a new position in shares of SPDR Portfolio TIPS ETF in the 1st quarter valued at $92,000. D.A. Davidson & CO. acquired a new stake in shares of SPDR Portfolio TIPS ETF during the 1st quarter worth $239,000. Bank of New York Mellon Corp increased its holdings in shares of SPDR Portfolio TIPS ETF by 1.3% during the 1st quarter. Bank of New York Mellon Corp now owns 128,641 shares of the company’s stock worth $3,346,000 after buying an additional 1,680 shares during the last quarter. Sanctuary Advisors LLC raised its position in shares of SPDR Portfolio TIPS ETF by 2.1% in the 1st quarter. Sanctuary Advisors LLC now owns 34,126 shares of the company’s stock worth $888,000 after buying an additional 711 shares during the period. Finally, Integrity Wealth Solutions LLC raised its position in shares of SPDR Portfolio TIPS ETF by 4.9% in the 1st quarter. Integrity Wealth Solutions LLC now owns 107,253 shares of the company’s stock worth $2,790,000 after buying an additional 4,963 shares during the period.
SPDR Portfolio TIPS ETF Company 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.
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