Creative Planning Acquires 1,538 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Creative Planning raised its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 6.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,797 shares of the company’s stock after buying an additional 1,538 shares during the quarter. Creative Planning’s holdings in SPDR Portfolio TIPS ETF were worth $681,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. 1620 Investment Advisors Inc. bought a new stake in SPDR Portfolio TIPS ETF in the 2nd quarter valued at $26,000. Farmers & Merchants Investments Inc. acquired a new position in shares of SPDR Portfolio TIPS ETF during the second quarter worth about $31,000. Vima LLC bought a new position in shares of SPDR Portfolio TIPS ETF during the fourth quarter worth about $39,000. Transcendent Capital Group LLC acquired a new stake in SPDR Portfolio TIPS ETF in the 4th quarter valued at approximately $61,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in SPDR Portfolio TIPS ETF in the 1st quarter valued at approximately $205,000.

SPDR Portfolio TIPS ETF Stock Down 0.1 %

NYSEARCA:SPIP opened at $26.02 on Friday. SPDR Portfolio TIPS ETF has a twelve month low of $24.43 and a twelve month high of $26.43. The business has a 50 day moving average price of $26.05 and a two-hundred day moving average price of $25.61.

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.