Raymond James Financial Inc. acquired a new position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 204,026 shares of the company’s stock, valued at approximately $5,164,000.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. 3EDGE Asset Management LP purchased a new position in shares of SPDR Portfolio TIPS ETF during the 4th quarter valued at $19,816,000. Cannon Financial Strategists Inc. boosted its position in shares of SPDR Portfolio TIPS ETF by 7.6% during the 4th quarter. Cannon Financial Strategists Inc. now owns 772,291 shares of the company’s stock valued at $19,547,000 after acquiring an additional 54,512 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of SPDR Portfolio TIPS ETF during the third quarter worth about $9,399,000. Prentice Wealth Management LLC increased its position in shares of SPDR Portfolio TIPS ETF by 5.1% in the fourth 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 last quarter. Finally, Wooster Corthell Wealth Management Inc. raised its stake in SPDR Portfolio TIPS ETF by 0.5% in the fourth quarter. Wooster Corthell Wealth Management Inc. now owns 303,110 shares of the company’s stock valued at $7,672,000 after purchasing an additional 1,370 shares in the last quarter.
SPDR Portfolio TIPS ETF Trading Up 0.2 %
Shares of SPDR Portfolio TIPS ETF stock opened at $26.10 on Wednesday. SPDR Portfolio TIPS ETF has a 1 year low of $24.94 and a 1 year high of $26.44. The company has a 50 day simple moving average of $25.85 and a two-hundred day simple moving average of $25.80.
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.
Featured Stories
- Five stocks we like better than SPDR Portfolio TIPS ETF
- What Are Earnings Reports?
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- NVIDIA Insiders Sell: This Is What It Means for the Market
- What is Insider Trading? What You Can Learn from Insider Trading
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
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.
