CFS Investment Advisory Services LLC Purchases New Holdings in SPDR Portfolio TIPS ETF $SPIP

CFS Investment Advisory Services LLC acquired a new position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 61,737 shares of the company’s stock, valued at approximately $1,615,000. CFS Investment Advisory Services LLC owned 0.16% of SPDR Portfolio TIPS ETF at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. State Street Corp grew its stake in SPDR Portfolio TIPS ETF by 114.9% in the second quarter. State Street Corp now owns 3,783,799 shares of the company’s stock valued at $98,606,000 after purchasing an additional 2,022,696 shares during the last quarter. CWM LLC raised its holdings in SPDR Portfolio TIPS ETF by 15.4% in the fourth quarter. CWM LLC now owns 4,085,211 shares of the company’s stock worth $106,011,000 after purchasing an additional 543,940 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of SPDR Portfolio TIPS ETF by 104.8% during the first quarter. Private Advisor Group LLC now owns 298,038 shares of the company’s stock valued at $7,752,000 after buying an additional 152,531 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of SPDR Portfolio TIPS ETF by 39.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 349,341 shares of the company’s stock valued at $9,065,000 after buying an additional 99,572 shares during the last quarter. Finally, Hughes Financial Services LLC boosted its holdings in shares of SPDR Portfolio TIPS ETF by 9.6% in the 4th quarter. Hughes Financial Services LLC now owns 715,589 shares of the company’s stock valued at $18,570,000 after buying an additional 62,930 shares in the last quarter.

SPDR Portfolio TIPS ETF Stock Up 0.0%

Shares of SPDR Portfolio TIPS ETF stock opened at $25.35 on Friday. The company has a 50 day moving average price of $25.78 and a 200 day moving average price of $25.99. SPDR Portfolio TIPS ETF has a 52 week low of $25.31 and a 52 week high of $26.58.

SPDR Portfolio TIPS ETF 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.