Kohmann Bosshard Financial Services LLC Purchases New Shares in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Kohmann Bosshard Financial Services LLC purchased a new stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,156 shares of the company’s stock, valued at approximately $308,000.

Several other institutional investors and hedge funds have also modified their holdings of SPIP. Morgan Dempsey Capital Management LLC acquired a new position in shares of SPDR Portfolio TIPS ETF in the fourth quarter valued at about $25,000. Realta Investment Advisors acquired a new position in shares of SPDR Portfolio TIPS ETF in the fourth quarter valued at about $26,000. Blue Trust Inc. acquired a new position in shares of SPDR Portfolio TIPS ETF in the fourth quarter valued at about $27,000. Transcendent Capital Group LLC grew its stake in shares of SPDR Portfolio TIPS ETF by 31.2% in the fourth quarter. Transcendent Capital Group LLC now owns 3,155 shares of the company’s stock valued at $80,000 after acquiring an additional 750 shares in the last quarter. Finally, Golden State Wealth Management LLC acquired a new position in shares of SPDR Portfolio TIPS ETF in the fourth quarter valued at about $146,000.

SPDR Portfolio TIPS ETF Stock Up 0.8 %

SPIP opened at $26.24 on Friday. SPDR Portfolio TIPS ETF has a twelve month low of $24.94 and a twelve month high of $26.43. The company has a 50-day simple moving average of $25.58 and a 200 day simple moving average of $25.78.

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.