Allworth Financial LP Buys 4,240 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Allworth Financial LP boosted its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 106.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 8,205 shares of the company’s stock after purchasing an additional 4,240 shares during the quarter. Allworth Financial LP’s holdings in SPDR Portfolio TIPS ETF were worth $209,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in SPIP. Realta Investment Advisors bought a new stake in SPDR Portfolio TIPS ETF during the fourth quarter valued at about $26,000. Blue Trust Inc. purchased a new stake in SPDR Portfolio TIPS ETF in the fourth quarter valued at about $27,000. Golden State Wealth Management LLC purchased a new stake in SPDR Portfolio TIPS ETF in the fourth quarter valued at about $146,000. Kwmg LLC purchased a new stake in SPDR Portfolio TIPS ETF in the fourth quarter valued at about $223,000. Finally, Nwam LLC purchased a new stake in SPDR Portfolio TIPS ETF in the third quarter valued at about $227,000.

SPDR Portfolio TIPS ETF Trading Up 0.3 %

SPDR Portfolio TIPS ETF stock opened at $25.90 on Friday. The stock has a 50-day moving average of $25.52 and a two-hundred day moving average of $25.77. SPDR Portfolio TIPS ETF has a one year low of $24.94 and a one year high of $26.43.

SPDR Portfolio TIPS ETF 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.