Newbridge Financial Services Group Inc. Sells 2,868 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Newbridge Financial Services Group Inc. lessened its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIPGet Rating) by 13.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,899 shares of the company’s stock after selling 2,868 shares during the period. Newbridge Financial Services Group Inc.’s holdings in SPDR Portfolio TIPS ETF were worth $493,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. CFS Investment Advisory Services LLC lifted its stake in SPDR Portfolio TIPS ETF by 3,499.6% in the 1st quarter. CFS Investment Advisory Services LLC now owns 892,530 shares of the company’s stock worth $42,000 after purchasing an additional 867,735 shares in the last quarter. Fortitude Advisory Group L.L.C. raised its stake in shares of SPDR Portfolio TIPS ETF by 197.9% during the first quarter. Fortitude Advisory Group L.L.C. now owns 4,170 shares of the company’s stock valued at $126,000 after purchasing an additional 2,770 shares during the period. US Bancorp DE lifted its holdings in SPDR Portfolio TIPS ETF by 193.7% in the first quarter. US Bancorp DE now owns 5,146 shares of the company’s stock worth $156,000 after acquiring an additional 3,394 shares during the last quarter. Proffitt & Goodson Inc. acquired a new position in shares of SPDR Portfolio TIPS ETF during the first quarter valued at approximately $159,000. Finally, Blair William & Co. IL increased its stake in shares of SPDR Portfolio TIPS ETF by 81.1% in the fourth quarter. Blair William & Co. IL now owns 7,258 shares of the company’s stock worth $229,000 after acquiring an additional 3,250 shares during the last quarter.

SPDR Portfolio TIPS ETF Stock Performance

Shares of NYSEARCA:SPIP traded down $0.09 during mid-day trading on Friday, reaching $26.02. The stock had a trading volume of 141,527 shares, compared to its average volume of 1,899,374. SPDR Portfolio TIPS ETF has a twelve month low of $26.07 and a twelve month high of $32.04. The firm has a 50 day simple moving average of $27.56 and a two-hundred day simple moving average of $28.50.

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Institutional Ownership by Quarter for SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

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