Wealthcare Advisory Partners LLC Buys 76,720 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Wealthcare Advisory Partners LLC boosted its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 354.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,391 shares of the company’s stock after purchasing an additional 76,720 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in SPDR Portfolio TIPS ETF were worth $2,516,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SPIP. ORG Partners LLC increased its holdings in shares of SPDR Portfolio TIPS ETF by 117.5% in the fourth quarter. ORG Partners LLC now owns 1,718 shares of the company’s stock worth $44,000 after acquiring an additional 928 shares in the last quarter. Financial Gravity Asset Management Inc. boosted its position in SPDR Portfolio TIPS ETF by 1,800.0% during the third quarter. Financial Gravity Asset Management Inc. now owns 4,275 shares of the company’s stock valued at $106,000 after purchasing an additional 4,050 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC boosted its position in SPDR Portfolio TIPS ETF by 9.0% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 5,226 shares of the company’s stock valued at $133,000 after purchasing an additional 432 shares during the last quarter. Prosperity Planning Inc. acquired a new position in SPDR Portfolio TIPS ETF during the fourth quarter valued at approximately $202,000. Finally, Robertson Stephens Wealth Management LLC acquired a new position in SPDR Portfolio TIPS ETF during the third quarter valued at approximately $206,000.

SPDR Portfolio TIPS ETF Stock Performance

NYSEARCA SPIP traded up $0.02 during trading hours on Monday, hitting $25.23. 161,313 shares of the company traded hands, compared to its average volume of 295,738. The business’s 50-day moving average is $25.41 and its 200-day moving average is $25.36. SPDR Portfolio TIPS ETF has a twelve month low of $24.33 and a twelve month high of $26.41.

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.