AE Wealth Management LLC Has $1.33 Million Stock Holdings in SPDR Portfolio TIPS ETF $SPIP

AE Wealth Management LLC lifted its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 503.7% during the 3rd quarter, Holdings Channel reports. The firm owned 50,639 shares of the company’s stock after purchasing an additional 42,251 shares during the quarter. AE Wealth Management LLC’s holdings in SPDR Portfolio TIPS ETF were worth $1,333,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of SPDR Portfolio TIPS ETF by 114.9% during the 2nd quarter. State Street Corp now owns 3,783,799 shares of the company’s stock worth $98,606,000 after buying an additional 2,022,696 shares in the last quarter. CWM LLC boosted its stake in SPDR Portfolio TIPS ETF by 16.9% during the third quarter. CWM LLC now owns 3,541,271 shares of the company’s stock worth $93,189,000 after acquiring an additional 512,866 shares in the last quarter. Cannon Financial Strategists Inc. grew its holdings in SPDR Portfolio TIPS ETF by 10.9% in the second quarter. Cannon Financial Strategists Inc. now owns 903,222 shares of the company’s stock worth $23,538,000 after purchasing an additional 88,481 shares during the period. Hughes Financial Services LLC grew its holdings in SPDR Portfolio TIPS ETF by 6.1% in the second quarter. Hughes Financial Services LLC now owns 630,836 shares of the company’s stock worth $16,455,000 after purchasing an additional 36,255 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in SPDR Portfolio TIPS ETF by 22.2% in the second quarter. Envestnet Asset Management Inc. now owns 426,472 shares of the company’s stock valued at $11,114,000 after purchasing an additional 77,423 shares in the last quarter.

SPDR Portfolio TIPS ETF Stock Down 0.2%

Shares of SPDR Portfolio TIPS ETF stock opened at $26.01 on Tuesday. The business has a 50-day simple moving average of $26.04 and a 200 day simple moving average of $26.18. SPDR Portfolio TIPS ETF has a one year low of $25.22 and a one year high of $26.58.

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.