SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Reaches New 52-Week High at $26.30

SPDR Portfolio TIPS ETF (NYSEARCA:SPIPGet Free Report)’s stock price hit a new 52-week high on Friday . The company traded as high as $26.30 and last traded at $26.29, with a volume of 39339 shares traded. The stock had previously closed at $26.15.

SPDR Portfolio TIPS ETF Stock Performance

The stock’s 50 day moving average is $25.78 and its two-hundred day moving average is $25.53.

Institutional Trading of SPDR Portfolio TIPS ETF

A number of large investors have recently bought and sold shares of the business. Cannon Financial Strategists Inc. acquired a new stake in SPDR Portfolio TIPS ETF during the 2nd quarter worth $18,270,000. NewEdge Advisors LLC lifted its stake in shares of SPDR Portfolio TIPS ETF by 119.0% in the 2nd quarter. NewEdge Advisors LLC now owns 207,254 shares of the company’s stock worth $5,268,000 after acquiring an additional 112,599 shares during the period. Creative Planning lifted its stake in shares of SPDR Portfolio TIPS ETF by 6.1% in the 2nd quarter. Creative Planning now owns 26,797 shares of the company’s stock worth $681,000 after acquiring an additional 1,538 shares during the period. Ascent Group LLC lifted its stake in shares of SPDR Portfolio TIPS ETF by 49.7% in the 2nd quarter. Ascent Group LLC now owns 75,505 shares of the company’s stock worth $1,919,000 after acquiring an additional 25,061 shares during the period. Finally, Bank of Montreal Can lifted its stake in shares of SPDR Portfolio TIPS ETF by 4.2% in the 2nd quarter. Bank of Montreal Can now owns 456,947 shares of the company’s stock worth $11,675,000 after acquiring an additional 18,600 shares during the period.

SPDR Portfolio TIPS ETF Company Profile

(Get Free Report)

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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