SPDR Portfolio TIPS ETF $SPIP Shares Newly Bought by Culbertson A N & Co. Inc.

Culbertson A N & Co. Inc. acquired a new stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 56,780 shares of the company’s stock, valued at approximately $1,384,000.

Several other large investors also recently added to or reduced their stakes in SPIP. Beacon Financial Strategies CORP bought a new position in SPDR Portfolio TIPS ETF in the 2nd quarter worth about $32,000. Western Wealth Management LLC purchased a new position in shares of SPDR Portfolio TIPS ETF during the first quarter worth approximately $92,000. Mather Group LLC. purchased a new position in shares of SPDR Portfolio TIPS ETF during the third quarter worth approximately $100,000. Foster & Motley Inc. purchased a new position in shares of SPDR Portfolio TIPS ETF during the second quarter worth approximately $445,000. Finally, Ascentis Independent Advisors bought a new stake in shares of SPDR Portfolio TIPS ETF during the first quarter valued at approximately $133,000.

SPDR Portfolio TIPS ETF Stock Up 0.8%

SPDR Portfolio TIPS ETF stock opened at $24.91 on Friday. The company has a 50 day moving average price of $24.78 and a 200-day moving average price of $25.37. SPDR Portfolio TIPS ETF has a fifty-two week low of $24.28 and a fifty-two week high of $26.54.

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.