AE Wealth Management LLC Purchases 42,251 Shares of SPDR Portfolio TIPS ETF $SPIP

AE Wealth Management LLC boosted its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 503.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,639 shares of the company’s stock after buying an additional 42,251 shares during the period. AE Wealth Management LLC owned approximately 0.13% of SPDR Portfolio TIPS ETF worth $1,333,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPIP. Auour Investments LLC lifted its holdings in shares of SPDR Portfolio TIPS ETF by 1.6% during the 3rd quarter. Auour Investments LLC now owns 25,793 shares of the company’s stock worth $679,000 after acquiring an additional 410 shares during the period. Allen Capital Group LLC raised its position in SPDR Portfolio TIPS ETF by 0.5% during the third quarter. Allen Capital Group LLC now owns 87,508 shares of the company’s stock valued at $2,303,000 after purchasing an additional 434 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in SPDR Portfolio TIPS ETF by 11.2% during the second quarter. PNC Financial Services Group Inc. now owns 4,671 shares of the company’s stock worth $122,000 after purchasing an additional 471 shares during the last quarter. Creative Planning lifted its stake in SPDR Portfolio TIPS ETF by 3.7% during the second quarter. Creative Planning now owns 22,122 shares of the company’s stock worth $577,000 after purchasing an additional 793 shares during the last quarter. Finally, KWB Wealth boosted its holdings in shares of SPDR Portfolio TIPS ETF by 4.5% in the 3rd quarter. KWB Wealth now owns 19,849 shares of the company’s stock valued at $517,000 after purchasing an additional 863 shares in the last quarter.

SPDR Portfolio TIPS ETF Price Performance

SPDR Portfolio TIPS ETF stock opened at $26.01 on Tuesday. SPDR Portfolio TIPS ETF has a 52 week low of $25.22 and a 52 week high of $26.58. The stock has a fifty day moving average of $26.04 and a 200-day moving average of $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.