ERn Financial LLC Acquires 11,427 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

ERn Financial LLC boosted its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 6.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 183,943 shares of the company’s stock after purchasing an additional 11,427 shares during the period. ERn Financial LLC’s holdings in SPDR Portfolio TIPS ETF were worth $4,707,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Advisors Asset Management Inc. lifted its stake in SPDR Portfolio TIPS ETF by 3.6% in the third quarter. Advisors Asset Management Inc. now owns 12,884 shares of the company’s stock worth $320,000 after purchasing an additional 452 shares during the last quarter. Jacobi Capital Management LLC increased its position in shares of SPDR Portfolio TIPS ETF by 2.8% during the third quarter. Jacobi Capital Management LLC now owns 17,495 shares of the company’s stock worth $435,000 after acquiring an additional 481 shares during the period. Phillips Financial Management LLC increased its position in shares of SPDR Portfolio TIPS ETF by 0.3% during the third quarter. Phillips Financial Management LLC now owns 178,668 shares of the company’s stock worth $4,438,000 after acquiring an additional 530 shares during the period. IFG Advisory LLC increased its holdings in SPDR Portfolio TIPS ETF by 0.4% during the fourth quarter. IFG Advisory LLC now owns 137,422 shares of the company’s stock valued at $3,514,000 after buying an additional 570 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in SPDR Portfolio TIPS ETF by 36.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,167 shares of the company’s stock valued at $56,000 after buying an additional 574 shares during the period.

SPDR Portfolio TIPS ETF Stock Performance

SPIP stock traded down $0.09 during trading on Friday, hitting $25.62. 151,434 shares of the company’s stock traded hands, compared to its average volume of 318,228. The business has a fifty day simple moving average of $25.55 and a two-hundred day simple moving average of $25.28. SPDR Portfolio TIPS ETF has a 1 year low of $24.33 and a 1 year high of $26.74.

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.