McAdam LLC lessened its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 13.4% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 9,221 shares of the company’s stock after selling 1,431 shares during the period. McAdam LLC’s holdings in SPDR Portfolio TIPS ETF were worth $240,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Montag A & Associates Inc. purchased a new position in shares of SPDR Portfolio TIPS ETF during the first quarter valued at approximately $29,000. Realta Investment Advisors boosted its position in shares of SPDR Portfolio TIPS ETF by 60.7% during the first quarter. Realta Investment Advisors now owns 1,671 shares of the company’s stock valued at $44,000 after buying an additional 631 shares during the last quarter. Private Trust Co. NA boosted its position in shares of SPDR Portfolio TIPS ETF by 35.4% during the first quarter. Private Trust Co. NA now owns 3,073 shares of the company’s stock valued at $81,000 after buying an additional 804 shares during the last quarter. Rossby Financial LCC purchased a new position in shares of SPDR Portfolio TIPS ETF during the first quarter valued at approximately $110,000. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of SPDR Portfolio TIPS ETF during the first quarter valued at approximately $149,000.
SPDR Portfolio TIPS ETF Stock Down 0.1%
Shares of NYSEARCA:SPIP opened at $26.27 on Friday. SPDR Portfolio TIPS ETF has a 12-month low of $25.19 and a 12-month high of $26.58. The business’s 50 day moving average is $26.20 and its 200 day moving average is $26.00.
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.
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