Global Retirement Partners LLC lessened its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 23.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,604 shares of the company’s stock after selling 4,747 shares during the period. Global Retirement Partners LLC’s holdings in SPDR Portfolio TIPS ETF were worth $395,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPIP. Blue Trust Inc. purchased a new stake in shares of SPDR Portfolio TIPS ETF during the fourth quarter worth approximately $164,000. Charles Schwab Trust Co raised its position in SPDR Portfolio TIPS ETF by 122.8% during the 4th quarter. Charles Schwab Trust Co now owns 18,467 shares of the company’s stock worth $467,000 after buying an additional 10,179 shares during the last quarter. Flagstar Advisors Inc. lifted its stake in shares of SPDR Portfolio TIPS ETF by 2.8% in the 3rd quarter. Flagstar Advisors Inc. now owns 72,125 shares of the company’s stock worth $1,895,000 after acquiring an additional 1,972 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of SPDR Portfolio TIPS ETF by 8.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 24,836 shares of the company’s stock valued at $653,000 after acquiring an additional 2,004 shares in the last quarter. Finally, Wooster Corthell Wealth Management Inc. increased its stake in shares of SPDR Portfolio TIPS ETF by 0.5% during the fourth quarter. Wooster Corthell Wealth Management Inc. now owns 303,110 shares of the company’s stock worth $7,672,000 after acquiring an additional 1,370 shares during the period.
SPDR Portfolio TIPS ETF Price Performance
NYSEARCA SPIP opened at $25.90 on Monday. SPDR Portfolio TIPS ETF has a 52-week low of $24.94 and a 52-week high of $26.43. The firm has a 50-day moving average price of $25.52 and a 200 day moving average price of $25.77.
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.
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