Busey Bank Buys New Holdings in SPDR Portfolio TIPS ETF $SPIP

Busey Bank acquired a new position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 33,901 shares of the company’s stock, valued at approximately $826,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new stake in SPDR Portfolio TIPS ETF during the 3rd quarter worth approximately $9,539,000. Aquire Wealth Advisors LLC acquired a new position in SPDR Portfolio TIPS ETF in the 3rd quarter valued at $4,967,000. Culbertson A N & Co. Inc. bought a new position in SPDR Portfolio TIPS ETF during the 3rd quarter worth $1,384,000. SBI Securities Co. Ltd. increased its position in SPDR Portfolio TIPS ETF by 876.7% during the 3rd quarter. SBI Securities Co. Ltd. now owns 6,446 shares of the company’s stock worth $157,000 after buying an additional 5,786 shares during the period. Finally, CFS Investment Advisory Services LLC increased its position in SPDR Portfolio TIPS ETF by 25.1% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 123,436 shares of the company’s stock worth $3,008,000 after buying an additional 24,772 shares during the period.

SPDR Portfolio TIPS ETF Price Performance

SPIP opened at $24.89 on Thursday. SPDR Portfolio TIPS ETF has a fifty-two week low of $24.28 and a fifty-two week high of $26.50. The stock has a fifty day moving average of $24.77 and a 200-day moving average of $25.57.

SPDR Portfolio TIPS ETF Company 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.