Mosley Wealth Management Buys New Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Mosley Wealth Management bought a new stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) in the 4th quarter, HoldingsChannel reports. The firm bought 350,035 shares of the company’s stock, valued at approximately $8,950,000. SPDR Portfolio TIPS ETF accounts for about 8.8% of Mosley Wealth Management’s investment portfolio, making the stock its 2nd largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPIP. Lincoln National Corp increased its holdings in shares of SPDR Portfolio TIPS ETF by 3.3% in the fourth quarter. Lincoln National Corp now owns 8,091,521 shares of the company’s stock worth $206,900,000 after buying an additional 261,118 shares during the period. Cerity Partners LLC boosted its position in SPDR Portfolio TIPS ETF by 47.6% during the 4th quarter. Cerity Partners LLC now owns 1,106,507 shares of the company’s stock valued at $28,293,000 after buying an additional 356,862 shares during the period. Great Valley Advisor Group Inc. grew its holdings in SPDR Portfolio TIPS ETF by 3,228.8% in the 4th quarter. Great Valley Advisor Group Inc. now owns 919,461 shares of the company’s stock worth $23,511,000 after acquiring an additional 891,840 shares during the last quarter. Willow Creek Wealth Management Inc. increased its position in shares of SPDR Portfolio TIPS ETF by 7.0% in the third quarter. Willow Creek Wealth Management Inc. now owns 522,255 shares of the company’s stock valued at $12,973,000 after acquiring an additional 34,328 shares during the period. Finally, Charles Schwab Investment Management Inc. bought a new position in shares of SPDR Portfolio TIPS ETF during the third quarter valued at about $11,574,000.

SPDR Portfolio TIPS ETF Price Performance

NYSEARCA SPIP opened at $25.28 on Monday. SPDR Portfolio TIPS ETF has a 1 year low of $24.33 and a 1 year high of $26.01. The business’s 50-day moving average is $25.28 and its 200 day moving average is $25.45.

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.