Cambridge Investment Research Advisors Inc. cut its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 8.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,464 shares of the company’s stock after selling 3,337 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.10% of SPDR Portfolio TIPS ETF worth $962,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its stake in shares of SPDR Portfolio TIPS ETF by 11.2% during 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 in the last quarter. OneAscent Financial Services LLC purchased a new position in shares of SPDR Portfolio TIPS ETF during the fourth quarter worth approximately $200,000. Prosperity Planning Inc. bought a new position in shares of SPDR Portfolio TIPS ETF in the first quarter worth approximately $206,000. Braun Bostich & Associates Inc. bought a new position in shares of SPDR Portfolio TIPS ETF in the first quarter worth approximately $228,000. Finally, Comprehensive Money Management Services LLC bought a new position in shares of SPDR Portfolio TIPS ETF in the fourth quarter worth approximately $229,000.
SPDR Portfolio TIPS ETF Stock Performance
Shares of SPDR Portfolio TIPS ETF stock opened at $25.88 on Friday. SPDR Portfolio TIPS ETF has a 52-week low of $25.19 and a 52-week high of $26.47. The company’s 50 day moving average price is $25.83 and its 200-day moving average price is $25.78.
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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