Cerity Partners LLC Reduces Stake in SPDR Portfolio TIPS ETF $SPIP

Cerity Partners LLC lessened its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 3.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 867,475 shares of the company’s stock after selling 32,048 shares during the quarter. Cerity Partners LLC owned approximately 2.37% of SPDR Portfolio TIPS ETF worth $22,606,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Flow Traders U.S. LLC grew its position in shares of SPDR Portfolio TIPS ETF by 11.1% in the second quarter. Flow Traders U.S. LLC now owns 86,587 shares of the company’s stock valued at $2,256,000 after purchasing an additional 8,672 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in SPDR Portfolio TIPS ETF by 5.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 31,500 shares of the company’s stock valued at $821,000 after buying an additional 1,588 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in SPDR Portfolio TIPS ETF during the 2nd quarter valued at $415,000. Cetera Investment Advisers increased its position in SPDR Portfolio TIPS ETF by 109.5% during the second quarter. Cetera Investment Advisers now owns 166,920 shares of the company’s stock worth $4,350,000 after buying an additional 87,247 shares in the last quarter. Finally, Creative Planning raised its holdings in shares of SPDR Portfolio TIPS ETF by 3.7% in the second quarter. Creative Planning now owns 22,122 shares of the company’s stock worth $577,000 after acquiring an additional 793 shares during the last quarter.

SPDR Portfolio TIPS ETF Stock Performance

Shares of NYSEARCA:SPIP opened at $26.01 on Wednesday. SPDR Portfolio TIPS ETF has a 52-week low of $25.19 and a 52-week high of $26.58. The stock’s fifty day simple moving average is $26.29 and its 200-day simple moving average is $26.13.

About SPDR Portfolio TIPS ETF

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.