LPL Financial LLC lifted its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 9.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,549,007 shares of the company’s stock after buying an additional 134,776 shares during the quarter. LPL Financial LLC’s holdings in SPDR Portfolio TIPS ETF were worth $39,205,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Morgan Dempsey Capital Management LLC bought a new position in SPDR Portfolio TIPS ETF during the fourth quarter worth $25,000. Realta Investment Advisors bought a new position in shares of SPDR Portfolio TIPS ETF during the 4th quarter worth about $26,000. Blue Trust Inc. bought a new position in shares of SPDR Portfolio TIPS ETF during the 4th quarter worth about $27,000. Transcendent Capital Group LLC grew its stake in shares of SPDR Portfolio TIPS ETF by 31.2% in the 4th quarter. Transcendent Capital Group LLC now owns 3,155 shares of the company’s stock valued at $80,000 after buying an additional 750 shares during the period. Finally, Golden State Wealth Management LLC bought a new stake in SPDR Portfolio TIPS ETF in the 4th quarter valued at about $146,000.
SPDR Portfolio TIPS ETF Trading Up 0.5 %
Shares of NYSEARCA:SPIP opened at $26.27 on Friday. SPDR Portfolio TIPS ETF has a 52-week low of $24.94 and a 52-week high of $26.44. The business’s 50 day simple moving average is $25.89 and its two-hundred day simple moving average is $25.81.
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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