PFG Private Wealth Management LLC Acquires New Holdings in SPDR Portfolio TIPS ETF $SPIP

PFG Private Wealth Management LLC bought a new position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 100,936 shares of the company’s stock, valued at approximately $2,656,000. SPDR Portfolio TIPS ETF makes up approximately 1.2% of PFG Private Wealth Management LLC’s investment portfolio, making the stock its 29th biggest position.

A number of other institutional investors have also modified their holdings of the company. Auour Investments LLC boosted its holdings in shares of SPDR Portfolio TIPS ETF by 1.6% in the 3rd quarter. Auour Investments LLC now owns 25,793 shares of the company’s stock valued at $679,000 after buying an additional 410 shares in the last quarter. Allen Capital Group LLC lifted its position in SPDR Portfolio TIPS ETF by 0.5% during the third quarter. Allen Capital Group LLC now owns 87,508 shares of the company’s stock valued at $2,303,000 after acquiring an additional 434 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in SPDR Portfolio TIPS ETF by 11.2% in the second quarter. PNC Financial Services Group Inc. now owns 4,671 shares of the company’s stock valued at $122,000 after acquiring an additional 471 shares in the last quarter. Creative Planning grew its holdings in SPDR Portfolio TIPS ETF by 3.7% in the second quarter. Creative Planning now owns 22,122 shares of the company’s stock worth $577,000 after purchasing an additional 793 shares during the last quarter. Finally, KWB Wealth grew its holdings in SPDR Portfolio TIPS ETF by 4.5% in the third quarter. KWB Wealth now owns 19,849 shares of the company’s stock worth $517,000 after purchasing an additional 863 shares during the last quarter.

SPDR Portfolio TIPS ETF Stock Down 0.1%

Shares of SPIP stock opened at $26.17 on Thursday. SPDR Portfolio TIPS ETF has a 12-month low of $25.22 and a 12-month high of $26.58. The business’s fifty day simple moving average is $26.03 and its 200-day simple moving average is $26.18.

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.