IFG Advisory LLC Boosts Holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

IFG Advisory LLC boosted its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 0.4% in the fourth quarter, HoldingsChannel reports. The fund owned 137,422 shares of the company’s stock after purchasing an additional 570 shares during the quarter. IFG Advisory LLC’s holdings in SPDR Portfolio TIPS ETF were worth $3,514,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Coppell Advisory Solutions LLC acquired a new stake in shares of SPDR Portfolio TIPS ETF in the second quarter worth $25,000. Coppell Advisory Solutions Corp. acquired a new stake in shares of SPDR Portfolio TIPS ETF in the fourth quarter worth $36,000. Harbour Investments Inc. increased its stake in shares of SPDR Portfolio TIPS ETF by 236.2% in the first quarter. Harbour Investments Inc. now owns 2,071 shares of the company’s stock worth $55,000 after acquiring an additional 1,455 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of SPDR Portfolio TIPS ETF by 36.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,167 shares of the company’s stock worth $56,000 after acquiring an additional 574 shares during the period. Finally, Captrust Financial Advisors grew its position in SPDR Portfolio TIPS ETF by 103.3% during the second quarter. Captrust Financial Advisors now owns 3,871 shares of the company’s stock valued at $107,000 after buying an additional 1,967 shares during the period.

SPDR Portfolio TIPS ETF Stock Up 0.2 %

SPIP stock traded up $0.06 during midday trading on Wednesday, hitting $25.69. 808,574 shares of the stock traded hands, compared to its average volume of 319,034. The stock’s fifty day simple moving average is $25.55 and its 200-day simple moving average is $25.27. SPDR Portfolio TIPS ETF has a 1-year low of $24.33 and a 1-year high of $26.74.

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.