US Bancorp DE boosted its holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 37.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,773 shares of the company’s stock after purchasing an additional 2,673 shares during the quarter. US Bancorp DE’s holdings in SPDR Portfolio TIPS ETF were worth $247,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in the business. Advisors Asset Management Inc. raised its stake in SPDR Portfolio TIPS ETF by 38.2% during the third quarter. Advisors Asset Management Inc. now owns 23,084 shares of the company’s stock valued at $607,000 after buying an additional 6,376 shares in the last quarter. Nwam LLC acquired a new stake in SPDR Portfolio TIPS ETF during the third quarter valued at approximately $227,000. Flagstar Advisors Inc. raised its stake in SPDR Portfolio TIPS ETF by 2.8% during the third quarter. Flagstar Advisors Inc. now owns 72,125 shares of the company’s stock valued at $1,895,000 after buying an additional 1,972 shares in the last quarter. Larson Financial Group LLC raised its stake in SPDR Portfolio TIPS ETF by 3.9% during the third quarter. Larson Financial Group LLC now owns 21,138 shares of the company’s stock valued at $556,000 after buying an additional 798 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in SPDR Portfolio TIPS ETF during the third quarter valued at approximately $9,399,000.
SPDR Portfolio TIPS ETF Stock Performance
Shares of NYSEARCA SPIP opened at $25.98 on Friday. The stock’s 50 day moving average price is $25.73 and its two-hundred day moving average price is $25.80. SPDR Portfolio TIPS ETF has a 52-week low of $24.94 and a 52-week high of $26.44.
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.
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