Navalign LLC Buys 81,503 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Navalign LLC raised its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 359.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 104,177 shares of the company’s stock after purchasing an additional 81,503 shares during the period. SPDR Portfolio TIPS ETF accounts for approximately 0.9% of Navalign LLC’s portfolio, making the stock its 19th largest holding. Navalign LLC’s holdings in SPDR Portfolio TIPS ETF were worth $2,664,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of SPIP. Coppell Advisory Solutions LLC bought a new position in shares of SPDR Portfolio TIPS ETF during the 2nd quarter worth $25,000. Coppell Advisory Solutions Corp. bought a new position in SPDR Portfolio TIPS ETF during the fourth quarter worth about $36,000. Harbour Investments Inc. increased its stake in shares of SPDR Portfolio TIPS ETF by 236.2% in the first quarter. Harbour Investments Inc. now owns 2,071 shares of the company’s stock worth $55,000 after purchasing an additional 1,455 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of SPDR Portfolio TIPS ETF by 36.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,167 shares of the company’s stock valued at $56,000 after purchasing an additional 574 shares during the period. Finally, Comerica Bank purchased a new stake in shares of SPDR Portfolio TIPS ETF during the 3rd quarter valued at approximately $100,000.

SPDR Portfolio TIPS ETF Stock Down 0.4 %

SPDR Portfolio TIPS ETF stock traded down $0.09 during mid-day trading on Thursday, reaching $25.62. The company’s stock had a trading volume of 151,434 shares, compared to its average volume of 318,228. The firm’s fifty day moving average price is $25.55 and its two-hundred day moving average price is $25.28. SPDR Portfolio TIPS ETF has a 12-month low of $24.33 and a 12-month high of $26.74.

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.