Fifth Third Bancorp acquired a new stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 37,778 shares of the company’s stock, valued at approximately $983,000. Fifth Third Bancorp owned approximately 0.10% of SPDR Portfolio TIPS ETF at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC increased its position in SPDR Portfolio TIPS ETF by 23.9% during the 1st quarter. Kestra Advisory Services LLC now owns 11,888 shares of the company’s stock worth $309,000 after buying an additional 2,290 shares during the period. CFS Investment Advisory Services LLC acquired a new position in shares of SPDR Portfolio TIPS ETF in the first quarter valued at about $1,615,000. Ascentis Independent Advisors bought a new position in SPDR Portfolio TIPS ETF during the first quarter worth about $133,000. Private Advisor Group LLC increased its position in SPDR Portfolio TIPS ETF by 104.8% during the first quarter. Private Advisor Group LLC now owns 298,038 shares of the company’s stock worth $7,752,000 after acquiring an additional 152,531 shares during the period. Finally, Keybank National Association OH raised its stake in SPDR Portfolio TIPS ETF by 4.0% in the 1st quarter. Keybank National Association OH now owns 17,393 shares of the company’s stock worth $452,000 after purchasing an additional 662 shares in the last quarter.
SPDR Portfolio TIPS ETF Price Performance
NYSEARCA SPIP opened at $25.20 on Monday. SPDR Portfolio TIPS ETF has a 12-month low of $25.19 and a 12-month high of $26.58. The firm has a 50-day moving average price of $25.61 and a two-hundred day moving average price of $25.94.
About SPDR Portfolio TIPS ETF
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.
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