Modera Wealth Management LLC purchased a new stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 30,245 shares of the company’s stock, valued at approximately $737,000. Modera Wealth Management LLC owned approximately 0.07% of SPDR Portfolio TIPS ETF as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in SPIP. ERn Financial LLC bought a new position in SPDR Portfolio TIPS ETF in the 3rd quarter worth $9,588,000. Flagship Harbor Advisors LLC bought a new stake in shares of SPDR Portfolio TIPS ETF during the 3rd quarter valued at about $9,539,000. Aquire Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio TIPS ETF during the third quarter valued at about $4,967,000. State Street Corp increased its position in shares of SPDR Portfolio TIPS ETF by 5.4% during the second quarter. State Street Corp now owns 3,869,418 shares of the company’s stock valued at $99,367,000 after buying an additional 197,597 shares during the period. Finally, Private Advisor Group LLC increased its position in shares of SPDR Portfolio TIPS ETF by 104.8% during the first quarter. Private Advisor Group LLC now owns 298,038 shares of the company’s stock valued at $7,752,000 after buying an additional 152,531 shares during the period.
SPDR Portfolio TIPS ETF Price Performance
SPIP stock opened at $24.83 on Tuesday. SPDR Portfolio TIPS ETF has a 1 year low of $24.28 and a 1 year high of $26.45. The firm has a 50-day moving average of $24.75 and a 200 day moving average of $25.56.
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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