Solutions 4 Wealth Ltd Makes New Investment in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Solutions 4 Wealth Ltd acquired a new stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,540 shares of the company’s stock, valued at approximately $346,000. SPDR Portfolio TIPS ETF comprises about 1.1% of Solutions 4 Wealth Ltd’s portfolio, making the stock its 23rd largest position.

A number of other institutional investors have also made changes to their positions in the stock. ORG Partners LLC grew its holdings in SPDR Portfolio TIPS ETF by 117.5% during the fourth quarter. ORG Partners LLC now owns 1,718 shares of the company’s stock valued at $44,000 after purchasing an additional 928 shares during the last quarter. Financial Gravity Asset Management Inc. raised its holdings in SPDR Portfolio TIPS ETF by 1,800.0% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 4,275 shares of the company’s stock worth $106,000 after acquiring an additional 4,050 shares during the period. Householder Group Estate & Retirement Specialist LLC lifted its position in SPDR Portfolio TIPS ETF by 9.0% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 5,226 shares of the company’s stock worth $133,000 after acquiring an additional 432 shares during the last quarter. Prosperity Planning Inc. bought a new stake in SPDR Portfolio TIPS ETF during the fourth quarter valued at about $202,000. Finally, Robertson Stephens Wealth Management LLC bought a new stake in SPDR Portfolio TIPS ETF during the third quarter valued at about $206,000.

SPDR Portfolio TIPS ETF Trading Up 0.4 %

Shares of SPDR Portfolio TIPS ETF stock traded up $0.09 during trading on Thursday, reaching $25.09. The company’s stock had a trading volume of 323,850 shares, compared to its average volume of 298,441. SPDR Portfolio TIPS ETF has a one year low of $24.33 and a one year high of $26.53. The business’s fifty day moving average price is $25.43 and its 200-day moving average price is $25.35.

About SPDR Portfolio TIPS ETF

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.