SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Shares Acquired by Gries Financial LLC

Gries Financial LLC raised its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 3.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 126,128 shares of the company’s stock after purchasing an additional 3,835 shares during the period. Gries Financial LLC owned 0.26% of SPDR Portfolio TIPS ETF worth $3,192,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. acquired a new stake in SPDR Portfolio TIPS ETF during the fourth quarter valued at approximately $164,000. Prosperity Planning Inc. acquired a new stake in SPDR Portfolio TIPS ETF during the third quarter valued at approximately $206,000. Charles Schwab Trust Co acquired a new stake in SPDR Portfolio TIPS ETF during the third quarter valued at approximately $218,000. Kwmg LLC acquired a new stake in SPDR Portfolio TIPS ETF during the fourth quarter valued at approximately $223,000. Finally, Nwam LLC acquired a new stake in SPDR Portfolio TIPS ETF during the third quarter valued at approximately $227,000.

SPDR Portfolio TIPS ETF Price Performance

SPIP stock opened at $25.63 on Thursday. SPDR Portfolio TIPS ETF has a 12 month low of $24.94 and a 12 month high of $26.43. The firm has a 50 day simple moving average of $25.51 and a 200 day simple moving average of $25.76.

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.