Private Advisor Group LLC Sells 16,493 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Private Advisor Group LLC lessened its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 12.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 111,754 shares of the company’s stock after selling 16,493 shares during the quarter. Private Advisor Group LLC owned approximately 0.23% of SPDR Portfolio TIPS ETF worth $2,937,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Auour Investments LLC lifted its stake in SPDR Portfolio TIPS ETF by 2.1% during the 2nd quarter. Auour Investments LLC now owns 23,577 shares of the company’s stock valued at $599,000 after acquiring an additional 496 shares in the last quarter. Benchmark Wealth Management LLC boosted its holdings in 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 purchasing an additional 513 shares during the last quarter. Wealth Advisory Solutions LLC grew its position in SPDR Portfolio TIPS ETF by 1.5% in the 3rd quarter. Wealth Advisory Solutions LLC now owns 39,709 shares of the company’s stock worth $1,044,000 after purchasing an additional 602 shares in the last quarter. Horst & Graben Wealth Management LLC increased its stake in SPDR Portfolio TIPS ETF by 6.4% in the 2nd quarter. Horst & Graben Wealth Management LLC now owns 11,943 shares of the company’s stock valued at $304,000 after buying an additional 715 shares during the last quarter. Finally, Nwam LLC lifted its position in shares of SPDR Portfolio TIPS ETF by 7.4% during the 1st 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.

SPDR Portfolio TIPS ETF Stock Performance

Shares of NYSEARCA SPIP opened at $25.69 on Tuesday. The stock’s 50 day moving average price is $26.07 and its 200-day moving average price is $25.65. SPDR Portfolio TIPS ETF has a twelve month low of $24.53 and a twelve month 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.