SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Shares Bought by Transcendent Capital Group LLC

Transcendent Capital Group LLC lifted its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 31.2% during the 4th quarter, Holdings Channel reports. The firm owned 3,155 shares of the company’s stock after buying an additional 750 shares during the period. Transcendent Capital Group LLC’s holdings in SPDR Portfolio TIPS ETF were worth $80,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SPIP. Realta Investment Advisors purchased a new position in SPDR Portfolio TIPS ETF in the 4th quarter valued at approximately $26,000. Blue Trust Inc. acquired a new stake in shares of SPDR Portfolio TIPS ETF in the fourth quarter valued at $27,000. Golden State Wealth Management LLC purchased a new position in SPDR Portfolio TIPS ETF in the fourth quarter valued at $146,000. Allworth Financial LP grew its stake in SPDR Portfolio TIPS ETF by 106.9% during the 4th quarter. Allworth Financial LP now owns 8,205 shares of the company’s stock worth $209,000 after purchasing an additional 4,240 shares in the last quarter. Finally, Nwam LLC purchased a new stake in SPDR Portfolio TIPS ETF during the 3rd quarter worth about $227,000.

SPDR Portfolio TIPS ETF Stock Up 0.2 %

SPIP stock opened at $25.94 on Tuesday. SPDR Portfolio TIPS ETF has a 1 year low of $24.94 and a 1 year high of $26.43. The business’s 50-day moving average is $25.52 and its two-hundred day moving average is $25.77.

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.