Cwm LLC Lowers Holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Cwm LLC reduced its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 51.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,770 shares of the company’s stock after selling 36,211 shares during the quarter. Cwm LLC’s holdings in SPDR Portfolio TIPS ETF were worth $914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of SPIP. Security Financial Services INC. lifted its position in shares of SPDR Portfolio TIPS ETF by 13.3% in the first quarter. Security Financial Services INC. now owns 72,025 shares of the company’s stock worth $1,845,000 after buying an additional 8,463 shares in the last quarter. Prentice Wealth Management LLC boosted its position in shares of SPDR Portfolio TIPS ETF by 3.9% during the 1st quarter. Prentice Wealth Management LLC now owns 277,253 shares of the company’s stock valued at $7,103,000 after acquiring an additional 10,492 shares during the last quarter. ERn Financial LLC grew its holdings in shares of SPDR Portfolio TIPS ETF by 2.0% in the first quarter. ERn Financial LLC now owns 187,711 shares of the company’s stock valued at $4,809,000 after purchasing an additional 3,768 shares in the last quarter. Valtinson Bruner Financial Planning LLC increased its position in SPDR Portfolio TIPS ETF by 62.2% in the first quarter. Valtinson Bruner Financial Planning LLC now owns 599,926 shares of the company’s stock worth $15,370,000 after purchasing an additional 230,125 shares during the last quarter. Finally, Wooster Corthell Wealth Management Inc. raised its stake in SPDR Portfolio TIPS ETF by 4.3% during the first quarter. Wooster Corthell Wealth Management Inc. now owns 275,856 shares of the company’s stock valued at $7,067,000 after purchasing an additional 11,381 shares in the last quarter.

SPDR Portfolio TIPS ETF Trading Down 0.3 %

SPIP stock opened at $25.96 on Friday. The company has a fifty day simple moving average of $26.07 and a two-hundred day simple moving average of $25.62. SPDR Portfolio TIPS ETF has a 52 week low of $24.43 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.