Family Firm Inc. has increased its stake in the SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA: WIP) by 4.7% during the second quarter of 2023. According to the firm’s latest Form 13F filing with the Securities & Exchange Commission, Family Firm now holds 146,472 shares of the ETF after acquiring an additional 6,637 shares. This investment now represents approximately 1.4% of Family Firm Inc.’s total holdings, positioning the ETF as the firm’s 20th largest investment.
As of the end of the most recent quarter, Family Firm Inc.’s holdings in the SPDR FTSE International Government Inflation-Protected Bond ETF were valued at approximately $5,841,000. This move reflects a broader trend among institutional investors, with several firms adjusting their positions in WIP during the same period.
Institutional Investment Activity
In addition to Family Firm Inc., other institutional investors have made notable changes to their positions in the ETF. eCIO Inc. initiated a new investment in the SPDR FTSE International Government Inflation-Protected Bond ETF during the first quarter, valued at approximately $55,000. Similarly, Trust Co. of Toledo NA acquired a new position worth $83,000 in the second quarter.
Mount Lucas Management LP also entered the ETF market with a purchase of $401,000 in the first quarter. Additionally, Cary Street Partners Financial LLC made a significant investment in the ETF, acquiring shares worth $3,595,000 in the same period. Finally, LBJ Family Wealth Advisors Ltd. increased its holdings by 1.4% in the second quarter, now owning 242,044 shares valued at $9,653,000 after adding another 3,244 shares.
SPDR FTSE ETF Performance Overview
As of the latest trading session, shares of the SPDR FTSE International Government Inflation-Protected Bond ETF opened at $39.20. Over the past year, the ETF has seen fluctuations, with a low of $35.26 and a high of $40.09. The fund’s fifty-day moving average stands at $39.14, while the two-hundred day moving average is $38.86.
The SPDR FTSE International Government Inflation-Protected Bond ETF primarily invests in inflation-linked government bonds from non-U.S. developed nations and emerging markets. It tracks a market-value-weighted index, making it an attractive option for investors looking to hedge against inflation.
For those interested in the latest developments regarding the SPDR FTSE International Government Inflation-Protected Bond ETF and related investment activities, resources such as HoldingsChannel.com provide updated 13F filings and insider trades.
This strategic move by Family Firm Inc. and other institutional investors highlights a growing interest in inflation-protected securities amid ongoing economic fluctuations.
