193,039 Shares in SPDR Portfolio TIPS ETF $SPIP Acquired by Procyon Advisors LLC

Procyon Advisors LLC purchased a new position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 193,039 shares of the company’s stock, valued at approximately $5,080,000. Procyon Advisors LLC owned approximately 0.51% of SPDR Portfolio TIPS ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPIP. Allen Capital Group LLC lifted its stake in SPDR Portfolio TIPS ETF by 0.5% during the third quarter. Allen Capital Group LLC now owns 87,508 shares of the company’s stock worth $2,303,000 after purchasing an additional 434 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of SPDR Portfolio TIPS ETF by 11.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,671 shares of the company’s stock worth $122,000 after acquiring an additional 471 shares during the period. Creative Planning lifted its position in SPDR Portfolio TIPS ETF by 3.7% in the 2nd quarter. Creative Planning now owns 22,122 shares of the company’s stock valued at $577,000 after purchasing an additional 793 shares during the last quarter. KWB Wealth boosted its stake in SPDR Portfolio TIPS ETF by 4.5% during the 3rd quarter. KWB Wealth now owns 19,849 shares of the company’s stock valued at $517,000 after purchasing an additional 863 shares during the period. Finally, Simplex Trading LLC bought a new position in SPDR Portfolio TIPS ETF in the 2nd quarter worth about $31,000.

SPDR Portfolio TIPS ETF Stock Up 0.2%

SPIP opened at $26.07 on Thursday. The business’s 50 day moving average is $26.09 and its 200-day moving average is $26.16. SPDR Portfolio TIPS ETF has a twelve month low of $25.22 and a twelve month high of $26.58.

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.