Nwam LLC Boosts Stock Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Nwam LLC increased its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 12.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,751 shares of the company’s stock after purchasing an additional 1,103 shares during the quarter. Nwam LLC’s holdings in SPDR Portfolio TIPS ETF were worth $247,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPIP. Wealth Enhancement Advisory Services LLC increased its position in shares of SPDR Portfolio TIPS ETF by 8.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 24,836 shares of the company’s stock valued at $653,000 after buying an additional 2,004 shares during the period. Auour Investments LLC grew its stake in SPDR Portfolio TIPS ETF by 2.5% during the third quarter. Auour Investments LLC now owns 24,171 shares of the company’s stock valued at $622,000 after acquiring an additional 594 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in SPDR Portfolio TIPS ETF by 38.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 23,084 shares of the company’s stock worth $607,000 after acquiring an additional 6,376 shares during the period. Flagstar Advisors Inc. lifted its stake in SPDR Portfolio TIPS ETF by 2.8% in the 3rd quarter. Flagstar Advisors Inc. now owns 72,125 shares of the company’s stock worth $1,895,000 after purchasing an additional 1,972 shares in the last quarter. Finally, Larson Financial Group LLC boosted its holdings in SPDR Portfolio TIPS ETF by 3.9% in the 3rd quarter. Larson Financial Group LLC now owns 21,138 shares of the company’s stock valued at $556,000 after purchasing an additional 798 shares during the period.

SPDR Portfolio TIPS ETF Stock Performance

SPIP opened at $26.24 on Friday. SPDR Portfolio TIPS ETF has a one year low of $24.94 and a one year high of $26.43. The company has a fifty day moving average price of $25.58 and a 200-day moving average price of $25.78.

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.