393,415 Shares in SPDR Portfolio TIPS ETF $SPIP Bought by ERn Financial LLC

ERn Financial LLC purchased a new position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 393,415 shares of the company’s stock, valued at approximately $9,588,000. SPDR Portfolio TIPS ETF comprises 1.6% of ERn Financial LLC’s investment portfolio, making the stock its 21st largest position. ERn Financial LLC owned 0.92% of SPDR Portfolio TIPS ETF at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. D.A. Davidson & CO. bought a new position in SPDR Portfolio TIPS ETF during the 3rd quarter worth $247,000. Willow Creek Wealth Management Inc. increased its position in SPDR Portfolio TIPS ETF by 15.6% in the third quarter. Willow Creek Wealth Management Inc. now owns 792,541 shares of the company’s stock worth $19,314,000 after buying an additional 106,665 shares during the period. Busey Bank acquired a new stake in SPDR Portfolio TIPS ETF in the third quarter worth $826,000. Flagship Harbor Advisors LLC bought a new stake in SPDR Portfolio TIPS ETF in the third quarter valued at $9,539,000. Finally, Aquire Wealth Advisors LLC bought a new stake in SPDR Portfolio TIPS ETF in the third quarter valued at $4,967,000.

SPDR Portfolio TIPS ETF Price Performance

Shares of SPIP opened at $24.92 on Friday. SPDR Portfolio TIPS ETF has a 1 year low of $24.28 and a 1 year high of $26.45. The firm has a fifty day moving average of $24.76 and a 200-day moving average of $25.57.

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.