Global Retirement Partners LLC lessened its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 23.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 15,604 shares of the company’s stock after selling 4,747 shares during the period. Global Retirement Partners LLC’s holdings in SPDR Portfolio TIPS ETF were worth $395,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in SPIP. 3EDGE Asset Management LP bought a new stake in shares of SPDR Portfolio TIPS ETF during the fourth quarter worth $19,816,000. Flow Traders U.S. LLC bought a new stake in shares of SPDR Portfolio TIPS ETF in the 3rd quarter valued at about $9,399,000. Fulton Breakefield Broenniman LLC grew its holdings in SPDR Portfolio TIPS ETF by 88.6% in the fourth quarter. Fulton Breakefield Broenniman LLC now owns 116,575 shares of the company’s stock worth $2,951,000 after purchasing an additional 54,771 shares during the last quarter. Foundations Investment Advisors LLC acquired a new position in SPDR Portfolio TIPS ETF during the 4th quarter valued at about $554,000. Finally, Tallon Kerry Patrick acquired a new position in shares of SPDR Portfolio TIPS ETF during the fourth quarter valued at about $482,000.
SPDR Portfolio TIPS ETF Price Performance
Shares of SPIP opened at $25.90 on Monday. The company’s fifty day moving average price is $25.52 and its 200-day moving average price is $25.77. SPDR Portfolio TIPS ETF has a 1-year low of $24.94 and a 1-year high of $26.43.
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.
Further Reading
- Five stocks we like better than SPDR Portfolio TIPS ETF
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Why Genuine Parts Company Is a Royally Good Buy Right Now
- When to Sell a Stock for Profit or Loss
- Industrials Are Quietly Outpacing the Market: 3 Stocks to Watch
- 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
- These 5 Energy Stocks Hedge Inflation With Growth Potential
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.