SigFig Wealth Management LLC purchased a new position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) during the third quarter, HoldingsChannel.com reports. The fund purchased 55,588 shares of the company’s stock, valued at approximately $1,355,000.
A number of other hedge funds also recently made changes to their positions in the stock. Ridgewood Investments LLC acquired a new stake in shares of SPDR Portfolio TIPS ETF during the 3rd quarter worth $292,000. State Street Corp boosted its holdings in SPDR Portfolio TIPS ETF by 5.4% in the second quarter. State Street Corp now owns 3,869,418 shares of the company’s stock valued at $99,367,000 after acquiring an additional 197,597 shares during the last quarter. Continuum Advisory LLC boosted its holdings in SPDR Portfolio TIPS ETF by 8.2% in the second quarter. Continuum Advisory LLC now owns 80,173 shares of the company’s stock valued at $2,059,000 after acquiring an additional 6,063 shares during the last quarter. Foster & Motley Inc. purchased a new stake in SPDR Portfolio TIPS ETF during the second quarter valued at about $445,000. Finally, Charles Schwab Trust Co grew its position in SPDR Portfolio TIPS ETF by 16.4% during the second quarter. Charles Schwab Trust Co now owns 47,684 shares of the company’s stock valued at $1,225,000 after acquiring an additional 6,731 shares during the period.
SPDR Portfolio TIPS ETF Stock Performance
NYSEARCA:SPIP traded up $0.01 on Wednesday, hitting $24.38. 382,601 shares of the stock were exchanged, compared to its average volume of 368,887. The stock has a fifty day moving average of $24.91 and a 200-day moving average of $25.48. SPDR Portfolio TIPS ETF has a fifty-two week low of $24.28 and a fifty-two week high of $26.55.
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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