Creative Planning Sells 1,682 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Creative Planning cut its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 6.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,115 shares of the company’s stock after selling 1,682 shares during the quarter. Creative Planning’s holdings in SPDR Portfolio TIPS ETF were worth $660,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SPIP. Janney Montgomery Scott LLC grew its stake in shares of SPDR Portfolio TIPS ETF by 23.2% in the first quarter. Janney Montgomery Scott LLC now owns 323,777 shares of the company’s stock valued at $8,295,000 after buying an additional 60,981 shares in the last quarter. WBI Investments LLC bought a new position in SPDR Portfolio TIPS ETF during the first quarter worth $541,000. Insight Advisors LLC PA boosted its position in SPDR Portfolio TIPS ETF by 4.5% during the first quarter. Insight Advisors LLC PA now owns 117,092 shares of the company’s stock worth $3,000,000 after purchasing an additional 5,015 shares during the period. West Wealth Group LLC bought a new position in SPDR Portfolio TIPS ETF during the first quarter worth $1,140,000. Finally, Nwam LLC boosted its position in 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 purchasing an additional 792 shares during the period.

SPDR Portfolio TIPS ETF Stock Down 0.6 %

SPIP stock opened at $25.62 on Monday. The company has a fifty day moving average price of $26.05 and a two-hundred day moving average price of $25.67. SPDR Portfolio TIPS ETF has a one year low of $24.70 and a one year high of $26.43.

SPDR Portfolio TIPS ETF Company 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.