SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Shares Sold by Hobart Private Capital LLC

Hobart Private Capital LLC cut its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 51.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,637 shares of the company’s stock after selling 29,437 shares during the period. Hobart Private Capital LLC’s holdings in SPDR Portfolio TIPS ETF were worth $707,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp grew its stake in shares of SPDR Portfolio TIPS ETF by 30.0% in the first quarter. Bank of New York Mellon Corp now owns 612,831 shares of the company’s stock worth $18,545,000 after purchasing an additional 141,595 shares in the last quarter. US Bancorp DE grew its stake in shares of SPDR Portfolio TIPS ETF by 193.7% in the first quarter. US Bancorp DE now owns 5,146 shares of the company’s stock worth $156,000 after purchasing an additional 3,394 shares in the last quarter. Blair William & Co. IL boosted its stake in SPDR Portfolio TIPS ETF by 12.0% during the first quarter. Blair William & Co. IL now owns 8,126 shares of the company’s stock valued at $246,000 after buying an additional 868 shares in the last quarter. Moors & Cabot Inc. bought a new position in SPDR Portfolio TIPS ETF during the first quarter valued at about $240,000. Finally, Baird Financial Group Inc. bought a new position in SPDR Portfolio TIPS ETF during the first quarter valued at about $987,000.

SPDR Portfolio TIPS ETF Trading Up 0.3 %

Shares of NYSEARCA:SPIP traded up $0.08 during midday trading on Wednesday, reaching $25.71. The company had a trading volume of 926,076 shares, compared to its average volume of 321,008. SPDR Portfolio TIPS ETF has a 1-year low of $24.33 and a 1-year high of $26.74. The company has a fifty day simple moving average of $25.55 and a two-hundred day simple moving average of $25.28.

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.