Solutions 4 Wealth Ltd Invests $346,000 in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Solutions 4 Wealth Ltd purchased a new stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 13,540 shares of the company’s stock, valued at approximately $346,000. SPDR Portfolio TIPS ETF comprises 1.1% of Solutions 4 Wealth Ltd’s portfolio, making the stock its 23rd biggest position.

A number of other hedge funds have also bought and sold shares of the business. ORG Partners LLC grew its stake in SPDR Portfolio TIPS ETF by 117.5% in the 4th quarter. ORG Partners LLC now owns 1,718 shares of the company’s stock valued at $44,000 after purchasing an additional 928 shares during the period. Financial Gravity Asset Management Inc. boosted its holdings in shares of SPDR Portfolio TIPS ETF by 1,800.0% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 4,275 shares of the company’s stock worth $106,000 after buying an additional 4,050 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC grew its position in SPDR Portfolio TIPS ETF by 9.0% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 5,226 shares of the company’s stock valued at $133,000 after buying an additional 432 shares during the period. Prosperity Planning Inc. purchased a new stake in SPDR Portfolio TIPS ETF during the fourth quarter worth about $202,000. Finally, Robertson Stephens Wealth Management LLC purchased a new stake in SPDR Portfolio TIPS ETF during the third quarter worth about $206,000.

SPDR Portfolio TIPS ETF Stock Up 0.4 %

SPIP traded up $0.09 during midday trading on Thursday, reaching $25.09. The company had a trading volume of 323,850 shares, compared to its average volume of 298,441. SPDR Portfolio TIPS ETF has a 12-month low of $24.33 and a 12-month high of $26.53. The business has a 50-day moving average price of $25.43 and a two-hundred day moving average price of $25.35.

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.