SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers lowered its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 1.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,986 shares of the company’s stock after selling 1,499 shares during the period. Cetera Investment Advisers owned 0.16% of SPDR Portfolio TIPS ETF worth $2,008,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SPIP. Security Financial Services INC. boosted its holdings in shares of SPDR Portfolio TIPS ETF by 13.3% in the 1st quarter. Security Financial Services INC. now owns 72,025 shares of the company’s stock valued at $1,845,000 after acquiring an additional 8,463 shares during the last quarter. Jacobi Capital Management LLC lifted its holdings in shares of SPDR Portfolio TIPS ETF by 45.5% in the 1st quarter. Jacobi Capital Management LLC now owns 27,600 shares of the company’s stock valued at $707,000 after buying an additional 8,637 shares during the period. Gries Financial LLC boosted its stake in shares of SPDR Portfolio TIPS ETF by 1.4% in the second quarter. Gries Financial LLC now owns 118,077 shares of the company’s stock worth $3,002,000 after buying an additional 1,654 shares during the last quarter. Ridgewood Investments LLC grew its holdings in SPDR Portfolio TIPS ETF by 9.1% during the first quarter. Ridgewood Investments LLC now owns 26,126 shares of the company’s stock worth $669,000 after acquiring an additional 2,179 shares during the period. Finally, Advisors Asset Management Inc. raised its position in SPDR Portfolio TIPS ETF by 8.6% during the first quarter. Advisors Asset Management Inc. now owns 14,367 shares of the company’s stock valued at $368,000 after acquiring an additional 1,140 shares in the last quarter.

SPDR Portfolio TIPS ETF Price Performance

Shares of NYSEARCA:SPIP opened at $26.02 on Monday. SPDR Portfolio TIPS ETF has a 12-month low of $24.43 and a 12-month high of $26.43. The business has a 50 day moving average of $26.05 and a two-hundred day moving average of $25.61.

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.