Resonant Capital Advisors LLC Has $974,000 Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Resonant Capital Advisors LLC boosted its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 13.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 38,468 shares of the company’s stock after purchasing an additional 4,596 shares during the quarter. Resonant Capital Advisors LLC’s holdings in SPDR Portfolio TIPS ETF were worth $974,000 at the end of the most recent reporting period.

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

SPDR Portfolio TIPS ETF Stock Performance

Shares of NYSEARCA:SPIP opened at $25.63 on Monday. SPDR Portfolio TIPS ETF has a twelve month low of $24.94 and a twelve month high of $26.43. The business has a fifty day moving average of $25.52 and a 200-day moving average of $25.76.

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.