SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Shares Purchased by Bank of Montreal Can

Bank of Montreal Can grew its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 4.2% in the second quarter, according to its most recent filing with the SEC. The firm owned 456,947 shares of the company’s stock after acquiring an additional 18,600 shares during the quarter. Bank of Montreal Can owned about 0.92% of SPDR Portfolio TIPS ETF worth $11,675,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Greenline Partners LLC lifted its stake in shares of SPDR Portfolio TIPS ETF by 0.9% in the 2nd quarter. Greenline Partners LLC now owns 329,895 shares of the company’s stock worth $8,310,000 after acquiring an additional 3,025 shares during the period. CoreCap Advisors LLC acquired a new position in shares of SPDR Portfolio TIPS ETF during the 2nd quarter valued at $351,000. Farmers & Merchants Investments Inc. bought a new stake in shares of SPDR Portfolio TIPS ETF in the 2nd quarter worth $31,000. Gries Financial LLC lifted its holdings in shares of SPDR Portfolio TIPS ETF by 1.4% in the second quarter. Gries Financial LLC now owns 118,077 shares of the company’s stock valued at $3,002,000 after buying an additional 1,654 shares during the period. Finally, Larson Financial Group LLC boosted its stake in SPDR Portfolio TIPS ETF by 6.5% during the second quarter. Larson Financial Group LLC now owns 20,340 shares of the company’s stock valued at $517,000 after buying an additional 1,245 shares in the last quarter.

SPDR Portfolio TIPS ETF Stock Up 0.3 %

NYSEARCA:SPIP opened at $26.30 on Monday. SPDR Portfolio TIPS ETF has a 52-week low of $24.33 and a 52-week high of $26.43. The business’s 50-day moving average price is $25.94 and its 200 day moving average price is $25.57.

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.