SPDR Portfolio TIPS ETF $SPIP Shares Acquired by Hughes Financial Services LLC

Hughes Financial Services LLC grew its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 9.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 715,589 shares of the company’s stock after acquiring an additional 62,930 shares during the quarter. SPDR Portfolio TIPS ETF comprises approximately 2.9% of Hughes Financial Services LLC’s investment portfolio, making the stock its 9th biggest position. Hughes Financial Services LLC’s holdings in SPDR Portfolio TIPS ETF were worth $18,570,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. ERn Financial LLC increased its stake in shares of SPDR Portfolio TIPS ETF by 11.4% in the 4th quarter. ERn Financial LLC now owns 345,832 shares of the company’s stock worth $8,974,000 after acquiring an additional 35,433 shares during the last quarter. CWM LLC increased its stake in shares of SPDR Portfolio TIPS ETF by 15.4% in the 4th quarter. CWM LLC now owns 4,085,211 shares of the company’s stock worth $106,011,000 after acquiring an additional 543,940 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of SPDR Portfolio TIPS ETF by 7,732.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 25,300 shares of the company’s stock worth $666,000 after acquiring an additional 24,977 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management increased its stake in shares of SPDR Portfolio TIPS ETF by 356.7% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 52,600 shares of the company’s stock worth $1,384,000 after acquiring an additional 41,082 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its stake in shares of SPDR Portfolio TIPS ETF by 337.2% in the 4th quarter. Sanctuary Advisors LLC now owns 33,415 shares of the company’s stock worth $867,000 after acquiring an additional 25,772 shares during the last quarter.

SPDR Portfolio TIPS ETF Stock Down 0.2%

Shares of SPIP opened at $25.61 on Thursday. SPDR Portfolio TIPS ETF has a 52-week low of $25.59 and a 52-week high of $26.58. The stock has a fifty day simple moving average of $26.00 and a two-hundred day simple moving average of $26.07.

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.