ST Germain D J Co. Inc. lowered its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 20.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,776 shares of the company’s stock after selling 26,047 shares during the period. ST Germain D J Co. Inc. owned about 0.21% of SPDR Portfolio TIPS ETF worth $2,627,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Cannon Financial Strategists Inc. purchased a new stake in SPDR Portfolio TIPS ETF during the second quarter worth about $18,270,000. Flow Traders U.S. LLC purchased a new stake in SPDR Portfolio TIPS ETF during the third quarter worth about $9,399,000. NewEdge Advisors LLC increased its holdings in SPDR Portfolio TIPS ETF by 119.0% during the second quarter. NewEdge Advisors LLC now owns 207,254 shares of the company’s stock worth $5,268,000 after buying an additional 112,599 shares during the last quarter. Ascent Group LLC increased its holdings in SPDR Portfolio TIPS ETF by 49.7% during the second quarter. Ascent Group LLC now owns 75,505 shares of the company’s stock worth $1,919,000 after buying an additional 25,061 shares during the last quarter. Finally, Bank of Montreal Can increased its holdings in SPDR Portfolio TIPS ETF by 4.2% during the second quarter. Bank of Montreal Can now owns 456,947 shares of the company’s stock worth $11,675,000 after buying an additional 18,600 shares during the last quarter.
SPDR Portfolio TIPS ETF Stock Performance
NYSEARCA SPIP opened at $25.21 on Friday. SPDR Portfolio TIPS ETF has a 52-week low of $24.94 and a 52-week high of $26.43. The company has a 50-day simple moving average of $25.56 and a 200 day simple moving average of $25.75.
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.
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