OneAscent Financial Services LLC Takes Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

OneAscent Financial Services LLC purchased a new position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,912 shares of the company’s stock, valued at approximately $200,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Morgan Dempsey Capital Management LLC acquired a new position in shares of SPDR Portfolio TIPS ETF during the 4th quarter worth approximately $25,000. Realta Investment Advisors acquired a new position in SPDR Portfolio TIPS ETF in the 4th quarter valued at $26,000. Blue Trust Inc. bought a new stake in shares of SPDR Portfolio TIPS ETF during the 4th quarter valued at $27,000. Transcendent Capital Group LLC grew its holdings in shares of SPDR Portfolio TIPS ETF by 31.2% during the 4th quarter. Transcendent Capital Group LLC now owns 3,155 shares of the company’s stock worth $80,000 after purchasing an additional 750 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new position in shares of SPDR Portfolio TIPS ETF in the fourth quarter worth $146,000.

SPDR Portfolio TIPS ETF Stock Down 0.4 %

SPIP stock opened at $26.24 on Friday. SPDR Portfolio TIPS ETF has a 52 week low of $24.94 and a 52 week high of $26.47. The business has a 50-day simple moving average of $25.97 and a 200 day simple moving average of $25.81.

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.