SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 7,488.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,557 shares of the company’s stock after buying an additional 15,352 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Portfolio TIPS ETF were worth $407,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. 3EDGE Asset Management LP acquired a new stake in SPDR Portfolio TIPS ETF in the 4th quarter valued at $19,816,000. Hughes Financial Services LLC acquired a new stake in SPDR Portfolio TIPS ETF in the 4th quarter valued at $14,425,000. Bank of America Corp DE increased its holdings in SPDR Portfolio TIPS ETF by 68.1% in the 4th quarter. Bank of America Corp DE now owns 1,181,354 shares of the company’s stock valued at $29,900,000 after purchasing an additional 478,559 shares in the last quarter. ACT Advisors LLC. acquired a new stake in SPDR Portfolio TIPS ETF in the 1st quarter valued at $7,623,000. Finally, Raymond James Financial Inc. acquired a new stake in SPDR Portfolio TIPS ETF in the 4th quarter valued at $5,164,000.

SPDR Portfolio TIPS ETF Trading Down 0.2%

Shares of NYSEARCA SPIP opened at $25.68 on Tuesday. SPDR Portfolio TIPS ETF has a 12-month low of $25.18 and a 12-month high of $26.47. The stock has a fifty day moving average price of $25.79 and a 200 day moving average price of $25.77.

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.