ST Germain D J Co. Inc. reduced its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 20.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,776 shares of the company’s stock after selling 26,047 shares during the quarter. ST Germain D J Co. Inc.’s holdings in SPDR Portfolio TIPS ETF were worth $2,627,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Continuum Advisory LLC raised its stake in SPDR Portfolio TIPS ETF by 2.9% in the third quarter. Continuum Advisory LLC now owns 61,219 shares of the company’s stock valued at $1,563,000 after purchasing an additional 1,741 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in SPDR Portfolio TIPS ETF in the third quarter valued at approximately $9,399,000. Larson Financial Group LLC raised its stake in SPDR Portfolio TIPS ETF by 3.9% in the third quarter. Larson Financial Group LLC now owns 21,138 shares of the company’s stock valued at $556,000 after purchasing an additional 798 shares in the last quarter. Flagstar Advisors Inc. raised its stake in SPDR Portfolio TIPS ETF by 2.8% in the third quarter. Flagstar Advisors Inc. now owns 72,125 shares of the company’s stock valued at $1,895,000 after purchasing an additional 1,972 shares in the last quarter. Finally, Nwam LLC purchased a new stake in SPDR Portfolio TIPS ETF in the third quarter valued at approximately $227,000.
SPDR Portfolio TIPS ETF Stock Down 0.5 %
Shares of SPIP opened at $25.21 on Friday. The firm’s 50 day simple moving average is $25.56 and its 200 day simple moving average is $25.75. SPDR Portfolio TIPS ETF has a 1-year low of $24.94 and a 1-year high of $26.43.
About SPDR Portfolio TIPS ETF
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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