LPL Financial LLC grew its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 9.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,549,007 shares of the company’s stock after acquiring an additional 134,776 shares during the period. LPL Financial LLC owned about 3.14% of SPDR Portfolio TIPS ETF worth $39,205,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of SPIP. Flow Traders U.S. LLC bought a new stake in SPDR Portfolio TIPS ETF in the third quarter valued at approximately $9,399,000. Continuum Advisory LLC raised its stake in SPDR Portfolio TIPS ETF by 2.9% in the 3rd quarter. Continuum Advisory LLC now owns 61,219 shares of the company’s stock valued at $1,563,000 after acquiring an additional 1,741 shares during the period. Kwmg LLC acquired a new stake in SPDR Portfolio TIPS ETF during the 4th quarter valued at $223,000. ERn Financial LLC boosted its position in SPDR Portfolio TIPS ETF by 5.5% during the fourth quarter. ERn Financial LLC now owns 230,742 shares of the company’s stock worth $5,840,000 after purchasing an additional 11,951 shares during the period. Finally, Tallon Kerry Patrick bought a new position in SPDR Portfolio TIPS ETF during the fourth quarter worth $482,000.
SPDR Portfolio TIPS ETF Price Performance
Shares of SPIP opened at $26.27 on Friday. The company’s 50-day moving average is $25.89 and its 200-day moving average is $25.81. SPDR Portfolio TIPS ETF has a fifty-two week low of $24.94 and a fifty-two week high of $26.44.
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.
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