Capital Analysts LLC Lowers Stock Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Capital Analysts LLC lessened its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 26.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,175 shares of the company’s stock after selling 3,251 shares during the quarter. Capital Analysts LLC’s holdings in SPDR Portfolio TIPS ETF were worth $235,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SPIP. Bank of New York Mellon Corp raised its stake in shares of 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 buying an additional 141,595 shares during the last quarter. US Bancorp DE lifted its holdings in SPDR Portfolio TIPS ETF by 193.7% in the 1st quarter. US Bancorp DE now owns 5,146 shares of the company’s stock valued at $156,000 after purchasing an additional 3,394 shares in the last quarter. Blair William & Co. IL lifted its holdings in SPDR Portfolio TIPS ETF by 12.0% in the 1st quarter. Blair William & Co. IL now owns 8,126 shares of the company’s stock valued at $246,000 after purchasing an additional 868 shares in the last quarter. Moors & Cabot Inc. purchased a new position in SPDR Portfolio TIPS ETF in the 1st quarter valued at about $240,000. Finally, Baird Financial Group Inc. purchased a new position in SPDR Portfolio TIPS ETF in the 1st quarter valued at about $987,000.

SPDR Portfolio TIPS ETF Stock Performance

NYSEARCA:SPIP opened at $25.19 on Thursday. SPDR Portfolio TIPS ETF has a 12-month low of $24.33 and a 12-month high of $26.65. The company’s 50-day moving average is $25.48 and its two-hundred day moving average is $25.31.

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.