Allen Capital Group LLC Has $2.32 Million Holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Allen Capital Group LLC raised its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 91,519 shares of the company’s stock after buying an additional 1,378 shares during the quarter. Allen Capital Group LLC’s holdings in SPDR Portfolio TIPS ETF were worth $2,316,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPIP. Auour Investments LLC increased its position in shares of SPDR Portfolio TIPS ETF by 2.5% in the 3rd quarter. Auour Investments LLC now owns 24,171 shares of the company’s stock valued at $622,000 after buying an additional 594 shares in the last quarter. Wealth Advisory Solutions LLC increased its holdings in shares of SPDR Portfolio TIPS ETF by 1.5% in the third quarter. Wealth Advisory Solutions LLC now owns 39,709 shares of the company’s stock worth $1,044,000 after acquiring an additional 602 shares in the last quarter. City State Bank raised its position in shares of SPDR Portfolio TIPS ETF by 1.8% during the third quarter. City State Bank now owns 45,551 shares of the company’s stock worth $1,197,000 after purchasing an additional 796 shares during the period. Larson Financial Group LLC lifted its holdings in shares of SPDR Portfolio TIPS ETF by 3.9% during the 3rd quarter. Larson Financial Group LLC now owns 21,138 shares of the company’s stock valued at $556,000 after purchasing an additional 798 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of SPDR Portfolio TIPS ETF by 2.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 63,139 shares of the company’s stock valued at $1,598,000 after purchasing an additional 1,254 shares in the last quarter.

SPDR Portfolio TIPS ETF Price Performance

NYSEARCA SPIP opened at $25.67 on Wednesday. SPDR Portfolio TIPS ETF has a 52-week low of $24.94 and a 52-week high of $26.43. The business has a 50 day simple moving average of $25.51 and a 200 day simple moving average of $25.76.

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.