Charles Schwab Investment Management Inc. Has $88.22 Million Stock Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Charles Schwab Investment Management Inc. reduced its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 3.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,485,744 shares of the company’s stock after selling 118,874 shares during the period. Charles Schwab Investment Management Inc. owned 7.06% of SPDR Portfolio TIPS ETF worth $88,224,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPIP. Advisors Asset Management Inc. increased its stake in shares of SPDR Portfolio TIPS ETF by 38.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 23,084 shares of the company’s stock valued at $607,000 after buying an additional 6,376 shares during the period. Nwam LLC acquired a new stake in shares of SPDR Portfolio TIPS ETF during the third quarter worth $227,000. Flagstar Advisors Inc. grew its stake in shares of SPDR Portfolio TIPS ETF by 2.8% during the third quarter. Flagstar Advisors Inc. now owns 72,125 shares of the company’s stock worth $1,895,000 after purchasing an additional 1,972 shares during the period. Larson Financial Group LLC grew its stake in shares of SPDR Portfolio TIPS ETF by 3.9% during the third quarter. Larson Financial Group LLC now owns 21,138 shares of the company’s stock worth $556,000 after purchasing an additional 798 shares during the period. Finally, Flow Traders U.S. LLC acquired a new stake in shares of SPDR Portfolio TIPS ETF during the third quarter worth $9,399,000.

SPDR Portfolio TIPS ETF Stock Up 0.4 %

Shares of SPDR Portfolio TIPS ETF stock opened at $26.11 on Tuesday. SPDR Portfolio TIPS ETF has a 12 month low of $24.94 and a 12 month high of $26.43. The business has a fifty day simple moving average of $25.68 and a 200 day simple moving average of $25.79.

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.