Heritage Wealth Management LLC Makes New Investment in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Heritage Wealth Management LLC acquired a new stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 8,134 shares of the company’s stock, valued at approximately $253,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Citadel Advisors LLC lifted its holdings in shares of SPDR Portfolio TIPS ETF by 919.6% during the first quarter. Citadel Advisors LLC now owns 362,643 shares of the company’s stock valued at $11,079,000 after acquiring an additional 327,075 shares during the period. Assetmark Inc. grew its position in shares of SPDR Portfolio TIPS ETF by 0.9% during the 1st quarter. Assetmark Inc. now owns 477,139 shares of the company’s stock worth $14,577,000 after buying an additional 4,260 shares during the period. SigFig Wealth Management LLC grew its position in shares of SPDR Portfolio TIPS ETF by 16.5% in the 2nd quarter. SigFig Wealth Management LLC now owns 101,161 shares of the company’s stock valued at $3,150,000 after purchasing an additional 14,331 shares during the period. Prudential Financial Inc. grew its position in shares of SPDR Portfolio TIPS ETF by 73.4% in the 1st quarter. Prudential Financial Inc. now owns 23,960 shares of the company’s stock valued at $732,000 after purchasing an additional 10,146 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of SPDR Portfolio TIPS ETF by 95.5% in the 1st quarter. Bank of New York Mellon Corp now owns 330,112 shares of the company’s stock valued at $10,085,000 after purchasing an additional 161,285 shares during the period.

NYSEARCA SPIP traded up $0.01 during trading on Wednesday, hitting $31.36. The stock had a trading volume of 11,504 shares, compared to its average volume of 1,017,773. The company’s 50-day moving average price is $31.48 and its two-hundred day moving average price is $31.06. SPDR Portfolio TIPS ETF has a 12 month low of $30.08 and a 12 month high of $31.83.

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Institutional Ownership by Quarter for SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

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