Wealthcare Capital Management LLC Purchases 6,501 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Wealthcare Capital Management LLC grew its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 13.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 53,250 shares of the company’s stock after acquiring an additional 6,501 shares during the quarter. SPDR Portfolio TIPS ETF accounts for about 0.1% of Wealthcare Capital Management LLC’s holdings, making the stock its 29th largest position. Wealthcare Capital Management LLC’s holdings in SPDR Portfolio TIPS ETF were worth $1,405,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Wealthcare Advisory Partners LLC raised its holdings in shares of SPDR Portfolio TIPS ETF by 0.8% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 99,470 shares of the company’s stock worth $2,624,000 after buying an additional 773 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of SPDR Portfolio TIPS ETF by 7,488.8% in the 1st quarter. Farther Finance Advisors LLC now owns 15,557 shares of the company’s stock worth $407,000 after buying an additional 15,352 shares in the last quarter. Ehrlich Financial Group acquired a new position in shares of SPDR Portfolio TIPS ETF in the 1st quarter worth approximately $1,311,000. Prosperity Planning Inc. acquired a new position in shares of SPDR Portfolio TIPS ETF in the 1st quarter worth approximately $206,000. Finally, Charles Schwab Trust Co raised its holdings in shares of SPDR Portfolio TIPS ETF by 25.7% in the 1st quarter. Charles Schwab Trust Co now owns 23,209 shares of the company’s stock worth $612,000 after buying an additional 4,742 shares in the last quarter.

SPDR Portfolio TIPS ETF Price Performance

Shares of SPIP opened at $25.62 on Tuesday. SPDR Portfolio TIPS ETF has a 1 year low of $25.18 and a 1 year high of $26.47. The stock has a 50 day simple moving average of $25.83 and a 200-day simple moving average of $25.77.

SPDR Portfolio TIPS ETF Company 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.