SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Shares Sold by Cerity Partners LLC

Cerity Partners LLC lessened its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 2.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 888,795 shares of the company’s stock after selling 26,838 shares during the quarter. Cerity Partners LLC’s holdings in SPDR Portfolio TIPS ETF were worth $23,358,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of SPIP. Gries Financial LLC increased its holdings in SPDR Portfolio TIPS ETF by 1.4% during the 2nd quarter. Gries Financial LLC now owns 118,077 shares of the company’s stock worth $3,002,000 after purchasing an additional 1,654 shares during the period. CWM LLC increased its stake in shares of SPDR Portfolio TIPS ETF by 40.8% during the second quarter. CWM LLC now owns 70,981 shares of the company’s stock worth $1,804,000 after buying an additional 20,585 shares during the period. B. Riley Wealth Advisors Inc. acquired a new stake in SPDR Portfolio TIPS ETF in the first quarter valued at approximately $205,000. Advisors Asset Management Inc. lifted its stake in SPDR Portfolio TIPS ETF by 8.6% in the first quarter. Advisors Asset Management Inc. now owns 14,367 shares of the company’s stock worth $368,000 after acquiring an additional 1,140 shares during the last quarter. Finally, Cannon Financial Strategists Inc. acquired a new position in SPDR Portfolio TIPS ETF during the 2nd quarter worth approximately $18,270,000.

SPDR Portfolio TIPS ETF Price Performance

Shares of NYSEARCA:SPIP opened at $25.58 on Monday. SPDR Portfolio TIPS ETF has a 52 week low of $24.94 and a 52 week high of $26.43. The company’s 50 day moving average is $25.93 and its two-hundred day moving average is $25.71.

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.