Collaborative Wealth Managment Inc. Has $624,000 Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Collaborative Wealth Managment Inc. reduced its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 12.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,638 shares of the company’s stock after selling 3,454 shares during the quarter. Collaborative Wealth Managment Inc.’s holdings in SPDR Portfolio TIPS ETF were worth $624,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SPIP. Keybank National Association OH increased its stake in shares of SPDR Portfolio TIPS ETF by 5.7% in the fourth quarter. Keybank National Association OH now owns 10,023 shares of the company’s stock worth $254,000 after acquiring an additional 540 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of SPDR Portfolio TIPS ETF by 11.2% in the fourth quarter. Jones Financial Companies Lllp now owns 6,090 shares of the company’s stock worth $154,000 after acquiring an additional 612 shares during the last quarter. Fifth Third Securities Inc. increased its stake in shares of SPDR Portfolio TIPS ETF by 5.8% in the fourth quarter. Fifth Third Securities Inc. now owns 12,894 shares of the company’s stock worth $326,000 after acquiring an additional 711 shares during the last quarter. Transcendent Capital Group LLC increased 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 worth $80,000 after acquiring an additional 750 shares during the last quarter. Finally, Wealth Advisory Solutions LLC increased its stake in shares of SPDR Portfolio TIPS ETF by 1.9% in the fourth quarter. Wealth Advisory Solutions LLC now owns 40,475 shares of the company’s stock worth $1,024,000 after acquiring an additional 766 shares during the last quarter.

SPDR Portfolio TIPS ETF Stock Down 0.3 %

NYSEARCA SPIP opened at $25.98 on Friday. SPDR Portfolio TIPS ETF has a 1-year low of $24.94 and a 1-year high of $26.44. The firm’s fifty day simple moving average is $25.73 and its 200-day simple moving average is $25.80.

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.