SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Shares Sold by Flagstar Advisors Inc.

Flagstar Advisors Inc. reduced its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 11.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 64,216 shares of the company’s stock after selling 7,909 shares during the quarter. Flagstar Advisors Inc.’s holdings in SPDR Portfolio TIPS ETF were worth $1,625,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Wooster Corthell Wealth Management Inc. raised its position in SPDR Portfolio TIPS ETF by 2.7% in the third quarter. Wooster Corthell Wealth Management Inc. now owns 301,740 shares of the company’s stock worth $7,930,000 after acquiring an additional 8,043 shares in the last quarter. Leading Edge Financial Planning LLC raised its position in shares of SPDR Portfolio TIPS ETF by 4.7% in the third quarter. Leading Edge Financial Planning LLC now owns 28,941 shares of the company’s stock valued at $761,000 after purchasing an additional 1,293 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in SPDR Portfolio TIPS ETF by 8.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 24,836 shares of the company’s stock valued at $653,000 after purchasing an additional 2,004 shares during the period. Auour Investments LLC grew its position in SPDR Portfolio TIPS ETF by 2.5% in the 3rd quarter. Auour Investments LLC now owns 24,171 shares of the company’s stock worth $622,000 after purchasing an additional 594 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its position in SPDR Portfolio TIPS ETF by 38.2% in the third quarter. Advisors Asset Management Inc. now owns 23,084 shares of the company’s stock worth $607,000 after purchasing an additional 6,376 shares during the period.

SPDR Portfolio TIPS ETF Stock Performance

SPIP opened at $25.74 on Wednesday. SPDR Portfolio TIPS ETF has a 1-year low of $24.94 and a 1-year high of $26.43. The firm has a 50-day moving average price of $25.51 and a two-hundred day moving average price of $25.77.

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.