17,510 Shares in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Bought by HighTower Advisors LLC

HighTower Advisors LLC acquired a new stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 17,510 shares of the company’s stock, valued at approximately $443,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPIP. Keybank National Association OH grew its position in shares of SPDR Portfolio TIPS ETF by 5.7% during the 4th quarter. Keybank National Association OH now owns 10,023 shares of the company’s stock valued at $254,000 after acquiring an additional 540 shares during the period. Jones Financial Companies Lllp raised its holdings in SPDR Portfolio TIPS ETF by 11.2% in the 4th quarter. Jones Financial Companies Lllp now owns 6,090 shares of the company’s stock worth $154,000 after purchasing an additional 612 shares during the period. Fifth Third Securities Inc. boosted its position in SPDR Portfolio TIPS ETF by 5.8% during the fourth quarter. Fifth Third Securities Inc. now owns 12,894 shares of the company’s stock worth $326,000 after purchasing an additional 711 shares in the last quarter. Transcendent Capital Group LLC grew its position in shares of 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 purchasing an additional 750 shares during the period. Finally, Wealth Advisory Solutions LLC raised its holdings in shares of SPDR Portfolio TIPS ETF by 1.9% during the fourth quarter. Wealth Advisory Solutions LLC now owns 40,475 shares of the company’s stock valued at $1,024,000 after acquiring an additional 766 shares during the last quarter.

SPDR Portfolio TIPS ETF Stock Up 0.5 %

SPDR Portfolio TIPS ETF stock opened at $26.27 on Monday. The company has a fifty day simple moving average of $25.89 and a 200-day simple moving average of $25.80. SPDR Portfolio TIPS ETF has a 52-week low of $24.94 and a 52-week high of $26.44.

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.