KWB Wealth Acquires 1,528 Shares of SPDR Portfolio TIPS ETF $SPIP

KWB Wealth increased its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 8.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,986 shares of the company’s stock after acquiring an additional 1,528 shares during the period. KWB Wealth owned about 0.05% of SPDR Portfolio TIPS ETF worth $501,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SPIP. CWM LLC increased its stake in SPDR Portfolio TIPS ETF by 8,652.4% in the 1st quarter. CWM LLC now owns 2,738,009 shares of the company’s stock worth $72,229,000 after acquiring an additional 2,706,726 shares during the last quarter. Silver Oak Securities Incorporated lifted its position in SPDR Portfolio TIPS ETF by 11,131.4% during the first quarter. Silver Oak Securities Incorporated now owns 1,269,151 shares of the company’s stock worth $33,480,000 after buying an additional 1,257,851 shares in the last quarter. 3EDGE Asset Management LP lifted its position in shares of SPDR Portfolio TIPS ETF by 76.1% during the first quarter. 3EDGE Asset Management LP now owns 1,379,050 shares of the company’s stock worth $36,228,000 after purchasing an additional 596,105 shares in the last quarter. ACT Advisors LLC. acquired a new stake in SPDR Portfolio TIPS ETF during the first quarter worth approximately $7,623,000. Finally, TIAA Trust National Association lifted its stake in shares of SPDR Portfolio TIPS ETF by 80.9% in the 1st quarter. TIAA Trust National Association now owns 277,765 shares of the company’s stock worth $7,327,000 after acquiring an additional 124,205 shares during the period.

SPDR Portfolio TIPS ETF Trading Down 0.1%

Shares of SPIP opened at $26.27 on Friday. SPDR Portfolio TIPS ETF has a fifty-two week low of $25.19 and a fifty-two week high of $26.58. The company’s fifty day moving average is $26.20 and its two-hundred day moving average is $26.00.

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.