SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Shares Bought by Altfest L J & Co. Inc.

Altfest L J & Co. Inc. grew its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 1,354.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 210,156 shares of the company’s stock after acquiring an additional 195,702 shares during the quarter. Altfest L J & Co. Inc. owned about 0.33% of SPDR Portfolio TIPS ETF worth $5,374,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPIP. Bank of New York Mellon Corp increased its position in SPDR Portfolio TIPS ETF by 30.0% during the 1st quarter. Bank of New York Mellon Corp now owns 612,831 shares of the company’s stock worth $18,545,000 after purchasing an additional 141,595 shares in the last quarter. US Bancorp DE grew its position in SPDR Portfolio TIPS ETF by 193.7% in the first quarter. US Bancorp DE now owns 5,146 shares of the company’s stock valued at $156,000 after acquiring an additional 3,394 shares in the last quarter. Blair William & Co. IL grew its position in SPDR Portfolio TIPS ETF by 12.0% in the first quarter. Blair William & Co. IL now owns 8,126 shares of the company’s stock valued at $246,000 after acquiring an additional 868 shares in the last quarter. Moors & Cabot Inc. acquired a new stake in SPDR Portfolio TIPS ETF in the first quarter valued at approximately $240,000. Finally, Baird Financial Group Inc. acquired a new stake in SPDR Portfolio TIPS ETF in the first quarter valued at approximately $987,000.

SPDR Portfolio TIPS ETF Stock Up 0.4 %

NYSEARCA:SPIP traded up $0.09 during trading hours on Wednesday, hitting $25.72. The stock had a trading volume of 842,114 shares, compared to its average volume of 319,398. The business has a 50 day simple moving average of $25.55 and a two-hundred day simple moving average of $25.27. SPDR Portfolio TIPS ETF has a 1-year low of $24.33 and a 1-year high of $26.74.

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.