Global View Capital Management LLC Buys Shares of 44,364 SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Global View Capital Management LLC purchased a new position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 44,364 shares of the company’s stock, valued at approximately $1,124,000. Global View Capital Management LLC owned 0.09% of SPDR Portfolio TIPS ETF at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Morgan Dempsey Capital Management LLC purchased a new position in SPDR Portfolio TIPS ETF during the 4th quarter valued at about $25,000. Realta Investment Advisors acquired a new stake in SPDR Portfolio TIPS ETF in the 4th quarter valued at about $26,000. Blue Trust Inc. acquired a new stake in SPDR Portfolio TIPS ETF in the 4th quarter valued at about $27,000. Transcendent Capital Group LLC raised its position in SPDR Portfolio TIPS ETF by 31.2% in the 4th quarter. Transcendent Capital Group LLC now owns 3,155 shares of the company’s stock valued at $80,000 after purchasing an additional 750 shares in the last quarter. Finally, Golden State Wealth Management LLC acquired a new stake in SPDR Portfolio TIPS ETF in the 4th quarter valued at about $146,000.

SPDR Portfolio TIPS ETF Stock Up 0.4 %

SPIP stock opened at $26.11 on Tuesday. The business’s 50-day moving average is $25.68 and its two-hundred day moving average is $25.79. SPDR Portfolio TIPS ETF has a 1 year low of $24.94 and a 1 year high of $26.43.

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.