119,023 Shares of SPDR Portfolio TIPS ETF $SPIP Acquired by Garde Capital Inc.

Garde Capital Inc. purchased a new stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 119,023 shares of the company’s stock, valued at approximately $2,901,000.

Other hedge funds also recently made changes to their positions in the company. Private Advisor Group LLC increased its position in SPDR Portfolio TIPS ETF by 104.8% in the 1st quarter. Private Advisor Group LLC now owns 298,038 shares of the company’s stock valued at $7,752,000 after acquiring an additional 152,531 shares during the period. State Street Corp boosted its position in SPDR Portfolio TIPS ETF by 5.4% during the 2nd quarter. State Street Corp now owns 3,869,418 shares of the company’s stock worth $99,367,000 after acquiring an additional 197,597 shares during the period. CFS Investment Advisory Services LLC acquired a new position in SPDR Portfolio TIPS ETF during the 1st quarter worth $1,615,000. Flagship Harbor Advisors LLC acquired a new position in SPDR Portfolio TIPS ETF during the 3rd quarter worth $9,539,000. Finally, Busey Bank bought a new position in shares of SPDR Portfolio TIPS ETF in the third quarter worth $826,000.

SPDR Portfolio TIPS ETF Price Performance

NYSEARCA:SPIP opened at $24.83 on Tuesday. SPDR Portfolio TIPS ETF has a 1 year low of $24.28 and a 1 year high of $26.45. The business has a fifty day moving average of $24.75 and a 200-day moving average of $25.56.

About SPDR Portfolio TIPS ETF

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.