ERn Financial LLC purchased a new stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 393,415 shares of the company’s stock, valued at approximately $9,588,000. SPDR Portfolio TIPS ETF comprises approximately 1.6% of ERn Financial LLC’s portfolio, making the stock its 21st biggest position.
Other large investors also recently made changes to their positions in the company. State Street Corp lifted its holdings in shares of SPDR Portfolio TIPS ETF by 5.4% during the second quarter. State Street Corp now owns 3,869,418 shares of the company’s stock valued at $99,367,000 after purchasing an additional 197,597 shares during the last quarter. Willow Creek Wealth Management Inc. increased its stake in SPDR Portfolio TIPS ETF by 15.6% in the 3rd quarter. Willow Creek Wealth Management Inc. now owns 792,541 shares of the company’s stock worth $19,314,000 after purchasing an additional 106,665 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new position in SPDR Portfolio TIPS ETF in the 3rd quarter worth about $9,539,000. Private Advisor Group LLC increased its stake in SPDR Portfolio TIPS ETF by 104.8% in the 1st quarter. Private Advisor Group LLC now owns 298,038 shares of the company’s stock worth $7,752,000 after purchasing an additional 152,531 shares in the last quarter. Finally, Aquire Wealth Advisors LLC purchased a new position in SPDR Portfolio TIPS ETF in the 3rd quarter worth about $4,967,000.
SPDR Portfolio TIPS ETF Stock Performance
NYSEARCA SPIP opened at $24.92 on Friday. The stock’s 50-day moving average price is $24.76 and its two-hundred day moving average price is $25.57. SPDR Portfolio TIPS ETF has a 1 year low of $24.28 and a 1 year high of $26.45.
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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