Ehrlich Financial Group Buys New Shares in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Ehrlich Financial Group bought a new stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 49,692 shares of the company’s stock, valued at approximately $1,311,000. Ehrlich Financial Group owned approximately 0.14% of SPDR Portfolio TIPS ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Morgan Dempsey Capital Management LLC purchased a new position in shares of SPDR Portfolio TIPS ETF during the 4th quarter valued at $25,000. Realta Investment Advisors bought a new stake in SPDR Portfolio TIPS ETF in the 4th quarter valued at $26,000. Blue Trust Inc. bought a new stake in SPDR Portfolio TIPS ETF in the 4th quarter valued at $27,000. Transcendent Capital Group LLC increased its holdings in SPDR Portfolio TIPS ETF by 31.2% in the 4th quarter. Transcendent Capital Group LLC now owns 3,155 shares of the company’s stock valued at $80,000 after acquiring an additional 750 shares during the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in SPDR Portfolio TIPS ETF in the 4th quarter valued at $146,000.

SPDR Portfolio TIPS ETF Trading Down 0.5%

Shares of NYSEARCA SPIP opened at $25.61 on Friday. The firm’s fifty day moving average is $25.84 and its two-hundred day moving average is $25.77. SPDR Portfolio TIPS ETF has a 52-week low of $25.18 and a 52-week high of $26.47.

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.