Wealth Enhancement Advisory Services LLC Has $653,000 Stock Holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Wealth Enhancement Advisory Services LLC raised its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 8.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 24,836 shares of the company’s stock after buying an additional 2,004 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in SPDR Portfolio TIPS ETF were worth $653,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. 1620 Investment Advisors Inc. acquired a new stake in SPDR Portfolio TIPS ETF during the 2nd quarter worth approximately $26,000. Farmers & Merchants Investments Inc. acquired a new stake in shares of SPDR Portfolio TIPS ETF during the second quarter worth $31,000. Prosperity Planning Inc. bought a new stake in shares of SPDR Portfolio TIPS ETF in the third quarter valued at about $206,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of SPDR Portfolio TIPS ETF in the first quarter valued at about $205,000. Finally, Charles Schwab Trust Co bought a new position in SPDR Portfolio TIPS ETF during the third quarter worth about $218,000.

SPDR Portfolio TIPS ETF Trading Up 0.4 %

Shares of SPDR Portfolio TIPS ETF stock opened at $25.73 on Friday. SPDR Portfolio TIPS ETF has a twelve month low of $24.70 and a twelve month high of $26.43. The company has a 50-day simple moving average of $26.03 and a two-hundred day simple moving average of $25.67.

About SPDR Portfolio TIPS ETF

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.