SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Short Interest Update

SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 98,575 shares, a decline of 31.8% from the December 15th total of 144,598 shares. Based on an average daily volume of 143,841 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 143,841 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On SPDR Portfolio TIPS ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Global Retirement Partners LLC bought a new stake in SPDR Portfolio TIPS ETF during the 2nd quarter valued at approximately $415,000. AE Wealth Management LLC lifted its holdings in shares of SPDR Portfolio TIPS ETF by 854.3% during the second quarter. AE Wealth Management LLC now owns 8,388 shares of the company’s stock worth $219,000 after buying an additional 7,509 shares during the last quarter. SeaBridge Investment Advisors LLC boosted its position in shares of SPDR Portfolio TIPS ETF by 82.8% in the third quarter. SeaBridge Investment Advisors LLC now owns 295,385 shares of the company’s stock valued at $7,773,000 after acquiring an additional 133,799 shares during the period. Fulton Breakefield Broenniman LLC grew its stake in shares of SPDR Portfolio TIPS ETF by 1.3% in the second quarter. Fulton Breakefield Broenniman LLC now owns 145,800 shares of the company’s stock worth $3,800,000 after acquiring an additional 1,832 shares during the last quarter. Finally, Leading Edge Financial Planning LLC increased its position in SPDR Portfolio TIPS ETF by 18.0% during the second quarter. Leading Edge Financial Planning LLC now owns 39,416 shares of the company’s stock worth $1,027,000 after acquiring an additional 6,024 shares during the period.

SPDR Portfolio TIPS ETF Stock Down 0.2%

SPIP stock traded down $0.07 during midday trading on Friday, reaching $25.99. The company had a trading volume of 196,566 shares, compared to its average volume of 302,668. The company has a 50 day moving average of $26.09 and a two-hundred day moving average of $26.16. SPDR Portfolio TIPS ETF has a 1 year low of $25.22 and a 1 year high of $26.58.

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.