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

CFS Investment Advisory Services LLC purchased a new position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 61,737 shares of the company’s stock, valued at approximately $1,615,000.

Other institutional investors also recently bought and sold shares of the company. Ascentis Independent Advisors purchased a new position in SPDR Portfolio TIPS ETF during the first quarter valued at approximately $133,000. Private Advisor Group LLC grew its stake in shares of SPDR Portfolio TIPS ETF by 104.8% during the 1st quarter. Private Advisor Group LLC now owns 298,038 shares of the company’s stock worth $7,752,000 after purchasing an additional 152,531 shares during the period. Keybank National Association OH grew its stake in shares of SPDR Portfolio TIPS ETF by 4.0% during the 1st quarter. Keybank National Association OH now owns 17,393 shares of the company’s stock worth $452,000 after purchasing an additional 662 shares during the period. True Blue Financial LLC increased its holdings in shares of SPDR Portfolio TIPS ETF by 102.1% during the 1st quarter. True Blue Financial LLC now owns 17,864 shares of the company’s stock valued at $465,000 after purchasing an additional 9,024 shares in the last quarter. Finally, Continuum Advisory LLC increased its holdings in shares of SPDR Portfolio TIPS ETF by 3.9% during the 1st quarter. Continuum Advisory LLC now owns 74,110 shares of the company’s stock valued at $1,928,000 after purchasing an additional 2,769 shares in the last quarter.

SPDR Portfolio TIPS ETF Trading Up 0.0%

SPIP opened at $25.35 on Friday. The firm has a fifty day moving average price of $25.78 and a 200 day moving average price of $25.99. SPDR Portfolio TIPS ETF has a 1 year low of $25.31 and a 1 year 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.