Blue Trust Inc. Buys Shares of 1,071 SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Blue Trust Inc. purchased a new position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,071 shares of the company’s stock, valued at approximately $27,000.

A number of other institutional investors have also made changes to their positions in SPIP. Flow Traders U.S. LLC acquired a new position in SPDR Portfolio TIPS ETF during the third quarter valued at approximately $9,399,000. Fulton Breakefield Broenniman LLC grew its holdings in shares of SPDR Portfolio TIPS ETF by 88.6% in the 4th quarter. Fulton Breakefield Broenniman LLC now owns 116,575 shares of the company’s stock valued at $2,951,000 after buying an additional 54,771 shares during the period. Foundations Investment Advisors LLC bought a new stake in shares of SPDR Portfolio TIPS ETF in the 4th quarter valued at $554,000. Tallon Kerry Patrick bought a new stake in shares of SPDR Portfolio TIPS ETF in the 4th quarter valued at $482,000. Finally, ERn Financial LLC raised its stake in SPDR Portfolio TIPS ETF by 5.5% during the 4th quarter. ERn Financial LLC now owns 230,742 shares of the company’s stock worth $5,840,000 after buying an additional 11,951 shares during the period.

SPDR Portfolio TIPS ETF Trading Down 0.2 %

SPIP stock opened at $26.04 on Friday. SPDR Portfolio TIPS ETF has a 1-year low of $24.94 and a 1-year high of $26.43. The business’s 50-day moving average price is $25.56 and its two-hundred day moving average price is $25.78.

SPDR Portfolio TIPS ETF 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.