Mercer Global Advisors Inc. ADV Sells 2,536 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Mercer Global Advisors Inc. ADV lowered its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 12.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 18,546 shares of the company’s stock after selling 2,536 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in SPDR Portfolio TIPS ETF were worth $471,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Auour Investments LLC boosted its stake in shares of SPDR Portfolio TIPS ETF by 2.1% in the second quarter. Auour Investments LLC now owns 23,577 shares of the company’s stock valued at $599,000 after buying an additional 496 shares during the period. Benchmark Wealth Management LLC increased its holdings in shares of SPDR Portfolio TIPS ETF by 4.2% during the second quarter. Benchmark Wealth Management LLC now owns 12,860 shares of the company’s stock worth $327,000 after buying an additional 513 shares in the last quarter. Horst & Graben Wealth Management LLC increased its holdings in shares of SPDR Portfolio TIPS ETF by 6.4% during the second quarter. Horst & Graben Wealth Management LLC now owns 11,943 shares of the company’s stock worth $304,000 after buying an additional 715 shares in the last quarter. Nwam LLC increased its holdings in shares of SPDR Portfolio TIPS ETF by 7.4% during the first quarter. Nwam LLC now owns 11,515 shares of the company’s stock worth $291,000 after buying an additional 792 shares in the last quarter. Finally, 1620 Investment Advisors Inc. acquired a new position in shares of SPDR Portfolio TIPS ETF during the second quarter worth $26,000.

SPDR Portfolio TIPS ETF Trading Up 0.3 %

Shares of NYSEARCA:SPIP opened at $26.30 on Friday. The company has a fifty day moving average of $25.94 and a 200-day moving average of $25.57. SPDR Portfolio TIPS ETF has a 52-week low of $24.33 and a 52-week high of $26.43.

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.