Kohmann Bosshard Financial Services LLC Purchases Shares of 12,156 SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Kohmann Bosshard Financial Services LLC purchased a new stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 12,156 shares of the company’s stock, valued at approximately $308,000.

Other institutional investors have also recently bought and sold shares of the company. Morgan Dempsey Capital Management LLC bought a new position in SPDR Portfolio TIPS ETF in the fourth quarter valued at approximately $25,000. Realta Investment Advisors bought a new position in SPDR Portfolio TIPS ETF in the fourth quarter valued at approximately $26,000. Blue Trust Inc. bought a new position in SPDR Portfolio TIPS ETF in the fourth quarter valued at approximately $27,000. Transcendent Capital Group LLC lifted its stake in SPDR Portfolio TIPS ETF by 31.2% in the fourth quarter. Transcendent Capital Group LLC now owns 3,155 shares of the company’s stock valued at $80,000 after buying an additional 750 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in shares of SPDR Portfolio TIPS ETF in the fourth quarter worth $146,000.

SPDR Portfolio TIPS ETF Price Performance

Shares of SPIP stock opened at $26.24 on Friday. The company’s fifty day simple moving average is $25.58 and its 200-day simple moving average is $25.78. SPDR Portfolio TIPS ETF has a 12 month low of $24.94 and a 12 month high of $26.43.

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.