SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Position Raised by Flagstar Advisors Inc.

Flagstar Advisors Inc. raised its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 2.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 72,125 shares of the company’s stock after purchasing an additional 1,972 shares during the quarter. Flagstar Advisors Inc.’s holdings in SPDR Portfolio TIPS ETF were worth $1,895,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. 1620 Investment Advisors Inc. bought a new position in SPDR Portfolio TIPS ETF during the second quarter valued at about $26,000. Farmers & Merchants Investments Inc. acquired a new stake in SPDR Portfolio TIPS ETF in the 2nd quarter valued at about $31,000. Prosperity Planning Inc. acquired a new position in shares of SPDR Portfolio TIPS ETF in the 3rd quarter worth approximately $206,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of SPDR Portfolio TIPS ETF in the 1st quarter worth approximately $205,000. Finally, Charles Schwab Trust Co acquired a new stake in SPDR Portfolio TIPS ETF during the third quarter valued at approximately $218,000.

SPDR Portfolio TIPS ETF Stock Down 0.0 %

NYSEARCA SPIP opened at $25.58 on Friday. The business’s fifty day moving average is $25.93 and its two-hundred day moving average is $25.71. SPDR Portfolio TIPS ETF has a 1 year low of $24.94 and a 1 year high of $26.43.

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.