SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) Stock Price Down 0.3% – Here’s Why

SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP)’s stock price traded down 0.3% during mid-day trading on Tuesday . The stock traded as low as $39.33 and last traded at $39.38. Approximately 33,844 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 107,047 shares. The stock had previously closed at $39.49.

SPDR FTSE International Government Inflation-Protected Bond ETF Stock Down 0.2%

The stock’s 50 day moving average is $39.28 and its two-hundred day moving average is $39.95.

Institutional Trading of SPDR FTSE International Government Inflation-Protected Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. raised its position in shares of SPDR FTSE International Government Inflation-Protected Bond ETF by 13.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 82,684 shares of the company’s stock worth $3,243,000 after acquiring an additional 9,861 shares in the last quarter. Cary Street Partners Financial LLC boosted its position in SPDR FTSE International Government Inflation-Protected Bond ETF by 0.3% during the fourth quarter. Cary Street Partners Financial LLC now owns 137,415 shares of the company’s stock valued at $5,413,000 after purchasing an additional 450 shares in the last quarter. Bristlecone Value Partners LLC purchased a new position in SPDR FTSE International Government Inflation-Protected Bond ETF in the fourth quarter valued at about $448,000. Adalta Capital Management LLC purchased a new position in SPDR FTSE International Government Inflation-Protected Bond ETF in the first quarter valued at about $238,000. Finally, Oarsman Capital Inc. bought a new position in SPDR FTSE International Government Inflation-Protected Bond ETF in the second quarter worth about $24,856,000.

About SPDR FTSE International Government Inflation-Protected Bond ETF

The SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of inflation-linked government bonds from non-US developed nations as well as emerging market countries. WIP was launched on Mar 13, 2008 and is managed by State Street.