Farther Finance Advisors LLC Sells 4,387 Shares of SPDR Portfolio TIPS ETF $SPIP

Farther Finance Advisors LLC cut its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 28.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,170 shares of the company’s stock after selling 4,387 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Portfolio TIPS ETF were worth $291,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Verde Capital Management grew its stake in shares of SPDR Portfolio TIPS ETF by 14.1% during the 2nd quarter. Verde Capital Management now owns 122,507 shares of the company’s stock valued at $3,193,000 after acquiring an additional 15,183 shares during the period. Garde Capital Inc. grew its stake in shares of SPDR Portfolio TIPS ETF by 1.7% during the 2nd quarter. Garde Capital Inc. now owns 115,206 shares of the company’s stock valued at $3,002,000 after acquiring an additional 1,947 shares during the period. Jacobi Capital Management LLC grew its stake in shares of SPDR Portfolio TIPS ETF by 2.2% during the 1st quarter. Jacobi Capital Management LLC now owns 40,795 shares of the company’s stock valued at $1,076,000 after acquiring an additional 880 shares during the period. Jane Street Group LLC grew its stake in shares of SPDR Portfolio TIPS ETF by 267.0% during the 1st quarter. Jane Street Group LLC now owns 80,284 shares of the company’s stock valued at $2,118,000 after acquiring an additional 58,406 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in shares of SPDR Portfolio TIPS ETF by 36.5% during the 1st quarter. Jones Financial Companies Lllp now owns 8,310 shares of the company’s stock valued at $219,000 after acquiring an additional 2,220 shares during the period.

SPDR Portfolio TIPS ETF Trading Up 0.2%

Shares of NYSEARCA:SPIP opened at $26.32 on Tuesday. The stock has a 50 day moving average of $26.20 and a 200 day moving average of $26.00. SPDR Portfolio TIPS ETF has a 12-month low of $25.19 and a 12-month high of $26.58.

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.