Bank of New York Mellon Corp lessened its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 9.3% in the fourth quarter, HoldingsChannel reports. The firm owned 117,863 shares of the company’s stock after selling 12,015 shares during the quarter. Bank of New York Mellon Corp’s holdings in SPDR Portfolio TIPS ETF were worth $2,983,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in the company. 3EDGE Asset Management LP bought a new position in SPDR Portfolio TIPS ETF during the 4th quarter valued at approximately $19,816,000. Cannon Financial Strategists Inc. increased its holdings in SPDR Portfolio TIPS ETF by 7.6% in the 4th quarter. Cannon Financial Strategists Inc. now owns 772,291 shares of the company’s stock worth $19,547,000 after buying an additional 54,512 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in SPDR Portfolio TIPS ETF in the third quarter worth approximately $9,399,000. Prentice Wealth Management LLC grew its position in SPDR Portfolio TIPS ETF by 5.1% in the 4th quarter. Prentice Wealth Management LLC now owns 344,157 shares of the company’s stock worth $8,711,000 after purchasing an additional 16,616 shares during the period. Finally, Wooster Corthell Wealth Management Inc. grew its position in SPDR Portfolio TIPS ETF by 0.5% in the 4th quarter. Wooster Corthell Wealth Management Inc. now owns 303,110 shares of the company’s stock worth $7,672,000 after purchasing an additional 1,370 shares during the period.
SPDR Portfolio TIPS ETF Stock Up 0.1 %
Shares of SPIP opened at $26.18 on Friday. SPDR Portfolio TIPS ETF has a one year low of $24.94 and a one year high of $26.44. The business has a fifty day moving average of $25.80 and a 200 day moving average of $25.80.
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.
Featured Articles
- Five stocks we like better than SPDR Portfolio TIPS ETF
- Stock Market Sectors: What Are They and How Many Are There?
- Everything About Amazon Stock Signals a Buy—Time to Load Up?
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- 5 Reasons Five Below’s Stock Price Is Heading Higher This Year
- Why Invest in 5G? How to Invest in 5G Stocks
- Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play
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.
