SPDR Portfolio TIPS ETF $SPIP Stake Lessened by Cerity Partners LLC

Cerity Partners LLC reduced its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 3.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 838,358 shares of the company’s stock after selling 29,117 shares during the quarter. Cerity Partners LLC owned about 2.21% of SPDR Portfolio TIPS ETF worth $22,061,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SPIP. Simplex Trading LLC acquired a new position in SPDR Portfolio TIPS ETF during the second quarter worth about $31,000. Atlantic Union Bankshares Corp acquired a new position in shares of SPDR Portfolio TIPS ETF in the 2nd quarter worth approximately $45,000. Beacon Capital Management Inc. bought a new stake in shares of SPDR Portfolio TIPS ETF in the 2nd quarter worth approximately $54,000. Morgan Dempsey Capital Management LLC boosted its holdings in SPDR Portfolio TIPS ETF by 117.7% during the second quarter. Morgan Dempsey Capital Management LLC now owns 3,130 shares of the company’s stock worth $82,000 after buying an additional 1,692 shares in the last quarter. Finally, IFP Advisors Inc grew its position in SPDR Portfolio TIPS ETF by 7,236.2% in the second quarter. IFP Advisors Inc now owns 3,448 shares of the company’s stock worth $90,000 after buying an additional 3,401 shares during the last quarter.

SPDR Portfolio TIPS ETF Trading Up 0.1%

Shares of NYSEARCA:SPIP opened at $26.01 on Friday. The stock has a fifty day moving average of $26.10 and a 200-day moving average of $26.16. SPDR Portfolio TIPS ETF has a one year low of $25.20 and a one year high of $26.58.

SPDR Portfolio TIPS ETF 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.