Truist Financial Corp lifted its holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 1.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 379,967 shares of the company’s stock after buying an additional 5,460 shares during the quarter. Truist Financial Corp owned 0.55% of SPDR Portfolio TIPS ETF worth $10,134,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of the company. Jacobi Capital Management LLC boosted its position in SPDR Portfolio TIPS ETF by 22.8% during the first quarter. Jacobi Capital Management LLC now owns 16,655 shares of the company’s stock worth $444,000 after purchasing an additional 3,088 shares in the last quarter. Moors & Cabot Inc. acquired a new position in shares of SPDR Portfolio TIPS ETF in the first quarter worth $221,000. Merriman Wealth Management LLC acquired a new position in shares of SPDR Portfolio TIPS ETF in the first quarter worth $6,786,000. Treasure Coast Financial Planning raised its holdings in shares of SPDR Portfolio TIPS ETF by 15.2% in the first quarter. Treasure Coast Financial Planning now owns 265,104 shares of the company’s stock worth $7,070,000 after acquiring an additional 35,006 shares during the last quarter. Finally, Insight Advisors LLC PA raised its holdings in shares of SPDR Portfolio TIPS ETF by 4.3% in the first quarter. Insight Advisors LLC PA now owns 109,592 shares of the company’s stock worth $2,923,000 after acquiring an additional 4,489 shares during the last quarter.
SPDR Portfolio TIPS ETF Price Performance
NYSEARCA SPIP opened at $25.40 on Friday. SPDR Portfolio TIPS ETF has a fifty-two week low of $25.25 and a fifty-two week high of $28.03. The business has a fifty day moving average of $25.72 and a 200-day moving average of $26.06.
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.
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