SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Stake Lifted by Wealth Advisory Solutions LLC

Wealth Advisory Solutions LLC raised its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 1.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 40,475 shares of the company’s stock after buying an additional 766 shares during the quarter. Wealth Advisory Solutions LLC’s holdings in SPDR Portfolio TIPS ETF were worth $1,024,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SPIP. Blue Trust Inc. acquired a new stake in SPDR Portfolio TIPS ETF in the 4th quarter valued at approximately $164,000. Jacobi Capital Management LLC grew its stake in shares of SPDR Portfolio TIPS ETF by 15.5% in the fourth quarter. Jacobi Capital Management LLC now owns 39,915 shares of the company’s stock worth $1,010,000 after purchasing an additional 5,364 shares in the last quarter. Charles Schwab Trust Co grew its stake in shares of SPDR Portfolio TIPS ETF by 122.8% in the fourth quarter. Charles Schwab Trust Co now owns 18,467 shares of the company’s stock worth $467,000 after purchasing an additional 10,179 shares in the last quarter. Flagstar Advisors Inc. increased its holdings in shares of SPDR Portfolio TIPS ETF by 2.8% during the third quarter. Flagstar Advisors Inc. now owns 72,125 shares of the company’s stock valued at $1,895,000 after purchasing an additional 1,972 shares during the period. Finally, Truist Financial Corp raised its stake in shares of SPDR Portfolio TIPS ETF by 1.5% during the fourth quarter. Truist Financial Corp now owns 137,499 shares of the company’s stock valued at $3,480,000 after purchasing an additional 2,023 shares in the last quarter.

SPDR Portfolio TIPS ETF Trading Down 0.4 %

Shares of SPIP opened at $26.19 on Wednesday. The firm has a 50-day moving average price of $25.62 and a 200 day moving average price of $25.79. SPDR Portfolio TIPS ETF has a 52-week low of $24.94 and a 52-week high of $26.43.

SPDR Portfolio TIPS ETF Company 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.