Lynx Capital Group Ltd. ADV Acquires 23,800 Shares of SPDR Portfolio TIPS ETF $SPIP

Lynx Capital Group Ltd. ADV acquired a new position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 23,800 shares of the company’s stock, valued at approximately $580,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. ERn Financial LLC bought a new stake in SPDR Portfolio TIPS ETF in the 3rd quarter valued at $9,588,000. Flagship Harbor Advisors LLC bought a new position in SPDR Portfolio TIPS ETF during the 3rd quarter worth about $9,539,000. Aquire Wealth Advisors LLC bought a new position in SPDR Portfolio TIPS ETF during the 3rd quarter worth about $4,967,000. State Street Corp raised its stake in shares of SPDR Portfolio TIPS ETF by 5.4% in the 2nd quarter. State Street Corp now owns 3,869,418 shares of the company’s stock valued at $99,367,000 after purchasing an additional 197,597 shares during the period. Finally, Garde Capital Inc. acquired a new stake in shares of SPDR Portfolio TIPS ETF in the 3rd quarter valued at about $2,901,000.

SPDR Portfolio TIPS ETF Trading Down 0.7%

NYSEARCA:SPIP opened at $24.57 on Wednesday. SPDR Portfolio TIPS ETF has a 52-week low of $24.28 and a 52-week high of $26.45. The stock has a 50-day simple moving average of $24.71 and a 200 day simple moving average of $25.52.

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.