Flagship Harbor Advisors LLC Makes New $3.41 Million Investment in SPDR Portfolio TIPS ETF $SPIP

Flagship Harbor Advisors LLC bought a new stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 129,725 shares of the company’s stock, valued at approximately $3,414,000. Flagship Harbor Advisors LLC owned about 0.34% of SPDR Portfolio TIPS ETF at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Global Retirement Partners LLC purchased a new position in SPDR Portfolio TIPS ETF in the second quarter valued at about $415,000. ERn Financial LLC raised its holdings in shares of SPDR Portfolio TIPS ETF by 18.8% in the 3rd quarter. ERn Financial LLC now owns 310,399 shares of the company’s stock worth $8,168,000 after purchasing an additional 49,204 shares during the period. SeaBridge Investment Advisors LLC lifted its stake in SPDR Portfolio TIPS ETF by 82.8% in the third quarter. SeaBridge Investment Advisors LLC now owns 295,385 shares of the company’s stock valued at $7,773,000 after purchasing an additional 133,799 shares during the last quarter. AE Wealth Management LLC grew its holdings in SPDR Portfolio TIPS ETF by 854.3% during the second quarter. AE Wealth Management LLC now owns 8,388 shares of the company’s stock valued at $219,000 after purchasing an additional 7,509 shares during the period. Finally, Fulton Breakefield Broenniman LLC increased its position in SPDR Portfolio TIPS ETF by 1.3% in the second quarter. Fulton Breakefield Broenniman LLC now owns 145,800 shares of the company’s stock worth $3,800,000 after buying an additional 1,832 shares during the last quarter.

SPDR Portfolio TIPS ETF Stock Performance

Shares of SPIP opened at $26.09 on Friday. SPDR Portfolio TIPS ETF has a 1 year low of $25.22 and a 1 year high of $26.58. The stock’s fifty day moving average price is $26.03 and its two-hundred day moving average price is $26.18.

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.