SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $25.17 and last traded at $25.17, with a volume of 238299 shares trading hands. The stock had previously closed at $25.20.
SPDR Portfolio TIPS ETF Trading Down 0.1%
The stock has a 50-day moving average price of $25.59 and a 200 day moving average price of $25.93.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of SPDR Portfolio TIPS ETF by 114.9% in the second quarter. State Street Corp now owns 3,783,799 shares of the company’s stock valued at $98,606,000 after acquiring an additional 2,022,696 shares during the period. CWM LLC increased its holdings in shares of SPDR Portfolio TIPS ETF by 15.4% in the 4th quarter. CWM LLC now owns 4,085,211 shares of the company’s stock valued at $106,011,000 after acquiring an additional 543,940 shares during the period. Private Advisor Group LLC raised its position in SPDR Portfolio TIPS ETF by 104.8% in the 1st quarter. Private Advisor Group LLC now owns 298,038 shares of the company’s stock valued at $7,752,000 after purchasing an additional 152,531 shares during the last quarter. Goldman Sachs Group Inc. raised its position in SPDR Portfolio TIPS ETF by 39.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 349,341 shares of the company’s stock valued at $9,065,000 after purchasing an additional 99,572 shares during the last quarter. Finally, Hughes Financial Services LLC boosted its stake in SPDR Portfolio TIPS ETF by 9.6% during the 4th quarter. Hughes Financial Services LLC now owns 715,589 shares of the company’s stock worth $18,570,000 after purchasing an additional 62,930 shares during the period.
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.
Further Reading
- Five stocks we like better than SPDR Portfolio TIPS ETF
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
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.
