Priebe Wealth Holdings LLC Invests $313,000 in SPDR Portfolio TIPS ETF $SPIP

Priebe Wealth Holdings LLC acquired a new position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 12,000 shares of the company’s stock, valued at approximately $313,000.

Other large investors have also recently modified their holdings of the company. Montag A & Associates Inc. purchased a new position in shares of SPDR Portfolio TIPS ETF in the first quarter worth about $29,000. Realta Investment Advisors increased its holdings in shares of SPDR Portfolio TIPS ETF by 60.7% in the first quarter. Realta Investment Advisors now owns 1,671 shares of the company’s stock worth $44,000 after buying an additional 631 shares during the period. Private Trust Co. NA increased its holdings in SPDR Portfolio TIPS ETF by 35.4% during the 1st quarter. Private Trust Co. NA now owns 3,073 shares of the company’s stock valued at $81,000 after purchasing an additional 804 shares during the period. IFP Advisors Inc increased its holdings in SPDR Portfolio TIPS ETF by 7,236.2% during the 2nd quarter. IFP Advisors Inc now owns 3,448 shares of the company’s stock valued at $90,000 after purchasing an additional 3,401 shares during the period. Finally, Rossby Financial LCC purchased a new position in SPDR Portfolio TIPS ETF during the 1st quarter valued at about $110,000.

SPDR Portfolio TIPS ETF Stock Performance

Shares of NYSEARCA:SPIP opened at $26.39 on Monday. SPDR Portfolio TIPS ETF has a 1 year low of $25.19 and a 1 year high of $26.58. The stock’s 50-day moving average is $26.25 and its 200 day moving average is $26.01.

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.