SPDR Portfolio TIPS ETF $SPIP Stock Holdings Lifted by Hughes Financial Services LLC

Hughes Financial Services LLC increased its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 9.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 715,589 shares of the company’s stock after buying an additional 62,930 shares during the period. SPDR Portfolio TIPS ETF comprises approximately 2.9% of Hughes Financial Services LLC’s investment portfolio, making the stock its 9th largest holding. Hughes Financial Services LLC owned approximately 1.86% of SPDR Portfolio TIPS ETF worth $18,570,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Vise Technologies Inc. raised its stake in SPDR Portfolio TIPS ETF by 17.1% in the 4th quarter. Vise Technologies Inc. now owns 18,081 shares of the company’s stock valued at $469,000 after purchasing an additional 2,639 shares during the last quarter. Continuum Advisory LLC raised its stake in SPDR Portfolio TIPS ETF by 6.1% in the 4th quarter. Continuum Advisory LLC now owns 71,341 shares of the company’s stock valued at $1,851,000 after purchasing an additional 4,111 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in SPDR Portfolio TIPS ETF by 39.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 349,341 shares of the company’s stock valued at $9,065,000 after purchasing an additional 99,572 shares during the last quarter. Garde Capital Inc. raised its stake in SPDR Portfolio TIPS ETF by 1.6% in the 4th quarter. Garde Capital Inc. now owns 122,837 shares of the company’s stock valued at $3,188,000 after purchasing an additional 1,914 shares during the last quarter. Finally, Foundations Investment Advisors LLC raised its stake in SPDR Portfolio TIPS ETF by 22.0% in the 4th quarter. Foundations Investment Advisors LLC now owns 58,823 shares of the company’s stock valued at $1,526,000 after purchasing an additional 10,595 shares during the last quarter.

SPDR Portfolio TIPS ETF Price Performance

NYSEARCA SPIP opened at $25.61 on Thursday. The business has a fifty day moving average price of $26.00 and a 200 day moving average price of $26.07. SPDR Portfolio TIPS ETF has a one year low of $25.59 and a one year high of $26.58.

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.