Jones Financial Companies Lllp Purchases 612 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Jones Financial Companies Lllp grew its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 11.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,090 shares of the company’s stock after acquiring an additional 612 shares during the period. Jones Financial Companies Lllp’s holdings in SPDR Portfolio TIPS ETF were worth $154,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Fifth Third Securities Inc. raised its stake in shares of SPDR Portfolio TIPS ETF by 5.8% in the fourth quarter. Fifth Third Securities Inc. now owns 12,894 shares of the company’s stock valued at $326,000 after acquiring an additional 711 shares during the last quarter. Transcendent Capital Group LLC raised its stake in shares of SPDR Portfolio TIPS ETF by 31.2% in the fourth quarter. Transcendent Capital Group LLC now owns 3,155 shares of the company’s stock valued at $80,000 after acquiring an additional 750 shares during the last quarter. Larson Financial Group LLC raised its stake in shares of SPDR Portfolio TIPS ETF by 3.9% in the third quarter. Larson Financial Group LLC now owns 21,138 shares of the company’s stock valued at $556,000 after acquiring an additional 798 shares during the last quarter. Morgan Dempsey Capital Management LLC bought a new position in shares of SPDR Portfolio TIPS ETF in the fourth quarter valued at approximately $25,000. Finally, Realta Investment Advisors bought a new position in shares of SPDR Portfolio TIPS ETF in the fourth quarter valued at approximately $26,000.

SPDR Portfolio TIPS ETF Price Performance

Shares of SPDR Portfolio TIPS ETF stock opened at $25.98 on Friday. The firm has a 50 day simple moving average of $25.73 and a 200 day simple moving average of $25.80. SPDR Portfolio TIPS ETF has a fifty-two week low of $24.94 and a fifty-two week high of $26.44.

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.