ERn Financial LLC Acquires 11,427 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

ERn Financial LLC lifted its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 6.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 183,943 shares of the company’s stock after acquiring an additional 11,427 shares during the quarter. ERn Financial LLC owned approximately 0.29% of SPDR Portfolio TIPS ETF worth $4,707,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPIP. Advisors Asset Management Inc. lifted its holdings in SPDR Portfolio TIPS ETF by 3.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 12,884 shares of the company’s stock worth $320,000 after purchasing an additional 452 shares during the last quarter. Jacobi Capital Management LLC lifted its holdings in SPDR Portfolio TIPS ETF by 2.8% during the 3rd quarter. Jacobi Capital Management LLC now owns 17,495 shares of the company’s stock worth $435,000 after purchasing an additional 481 shares during the last quarter. Phillips Financial Management LLC lifted its holdings in SPDR Portfolio TIPS ETF by 0.3% during the 3rd quarter. Phillips Financial Management LLC now owns 178,668 shares of the company’s stock worth $4,438,000 after purchasing an additional 530 shares during the last quarter. IFG Advisory LLC lifted its holdings in SPDR Portfolio TIPS ETF by 0.4% during the 4th quarter. IFG Advisory LLC now owns 137,422 shares of the company’s stock worth $3,514,000 after purchasing an additional 570 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in SPDR Portfolio TIPS ETF by 36.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,167 shares of the company’s stock worth $56,000 after purchasing an additional 574 shares during the last quarter.

SPDR Portfolio TIPS ETF Stock Performance

NYSEARCA:SPIP traded down $0.09 during mid-day trading on Friday, hitting $25.62. 151,434 shares of the stock were exchanged, compared to its average volume of 318,228. The firm’s 50-day simple moving average is $25.55 and its 200 day simple moving average is $25.28. SPDR Portfolio TIPS ETF has a fifty-two week low of $24.33 and a fifty-two week high of $26.74.

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.