Cetera Investment Advisers increased its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 0.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 77,644 shares of the company’s stock after purchasing an additional 498 shares during the period. Cetera Investment Advisers owned approximately 0.16% of SPDR Portfolio TIPS ETF worth $1,965,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in SPIP. 3EDGE Asset Management LP acquired a new stake in SPDR Portfolio TIPS ETF during the 4th quarter worth approximately $19,816,000. Hughes Financial Services LLC bought a new position in SPDR Portfolio TIPS ETF during the 4th quarter worth $14,425,000. Bank of America Corp DE increased its stake in SPDR Portfolio TIPS ETF by 68.1% during the 4th quarter. Bank of America Corp DE now owns 1,181,354 shares of the company’s stock worth $29,900,000 after acquiring an additional 478,559 shares during the period. Raymond James Financial Inc. bought a new position in SPDR Portfolio TIPS ETF during the 4th quarter worth $5,164,000. Finally, LPL Financial LLC increased its stake in SPDR Portfolio TIPS ETF by 9.5% during the 4th quarter. LPL Financial LLC now owns 1,549,007 shares of the company’s stock worth $39,205,000 after acquiring an additional 134,776 shares during the period.
SPDR Portfolio TIPS ETF Stock Performance
SPDR Portfolio TIPS ETF stock opened at $25.81 on Tuesday. The stock’s fifty day moving average price is $25.95 and its two-hundred day moving average price is $25.76. SPDR Portfolio TIPS ETF has a one year low of $25.15 and a one year high of $26.47.
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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