Commonwealth Equity Services LLC Sells 6,389 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Commonwealth Equity Services LLC lowered its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 16.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,479 shares of the company’s stock after selling 6,389 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.07% of SPDR Portfolio TIPS ETF worth $822,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. US Bancorp DE boosted its holdings in SPDR Portfolio TIPS ETF by 37.6% in the fourth quarter. US Bancorp DE now owns 9,773 shares of the company’s stock valued at $247,000 after acquiring an additional 2,673 shares during the last quarter. Keybank National Association OH increased its position in shares of SPDR Portfolio TIPS ETF by 5.7% during the fourth quarter. Keybank National Association OH now owns 10,023 shares of the company’s stock worth $254,000 after buying an additional 540 shares during the period. Blue Trust Inc. bought a new position in SPDR Portfolio TIPS ETF during the fourth quarter worth $164,000. Jacobi Capital Management LLC lifted its holdings in SPDR Portfolio TIPS ETF by 15.5% in the fourth quarter. Jacobi Capital Management LLC now owns 39,915 shares of the company’s stock valued at $1,010,000 after buying an additional 5,364 shares during the period. Finally, Charles Schwab Trust Co boosted its position in SPDR Portfolio TIPS ETF by 122.8% during the fourth quarter. Charles Schwab Trust Co now owns 18,467 shares of the company’s stock valued at $467,000 after acquiring an additional 10,179 shares during the last quarter.

SPDR Portfolio TIPS ETF Stock Performance

Shares of SPDR Portfolio TIPS ETF stock opened at $26.16 on Thursday. The stock’s 50-day moving average is $25.94 and its 200 day moving average is $25.80. SPDR Portfolio TIPS ETF has a one year low of $24.94 and a one year high of $26.44.

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.