Advisors Asset Management Inc. Acquires 6,376 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Advisors Asset Management Inc. boosted its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 38.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,084 shares of the company’s stock after acquiring an additional 6,376 shares during the quarter. Advisors Asset Management Inc.’s holdings in SPDR Portfolio TIPS ETF were worth $607,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SPIP. B. Riley Wealth Advisors Inc. bought a new stake in SPDR Portfolio TIPS ETF during the 1st quarter worth approximately $205,000. Comerica Bank boosted its stake in shares of SPDR Portfolio TIPS ETF by 755.4% in the 1st quarter. Comerica Bank now owns 31,891 shares of the company’s stock valued at $817,000 after purchasing an additional 28,163 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of SPDR Portfolio TIPS ETF by 147.9% in the 1st quarter. Cetera Investment Advisers now owns 80,485 shares of the company’s stock valued at $2,062,000 after purchasing an additional 48,018 shares during the last quarter. Cetera Advisors LLC bought a new stake in shares of SPDR Portfolio TIPS ETF in the 1st quarter valued at $594,000. Finally, Benchmark Wealth Management LLC boosted its stake in shares of SPDR Portfolio TIPS ETF by 4.2% in the 2nd quarter. Benchmark Wealth Management LLC now owns 12,860 shares of the company’s stock valued at $327,000 after purchasing an additional 513 shares during the last quarter.

SPDR Portfolio TIPS ETF Price Performance

Shares of NYSEARCA SPIP opened at $25.77 on Thursday. SPDR Portfolio TIPS ETF has a 12-month low of $24.94 and a 12-month high of $26.43. The company’s fifty day simple moving average is $25.89 and its 200 day simple moving average is $25.72.

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.