Treasure Coast Financial Planning Reduces Stock Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Treasure Coast Financial Planning lessened its holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 18.2% during the fourth quarter, Holdings Channel reports. The fund owned 223,085 shares of the company’s stock after selling 49,612 shares during the period. SPDR Portfolio TIPS ETF makes up 4.0% of Treasure Coast Financial Planning’s holdings, making the stock its 9th largest holding. Treasure Coast Financial Planning’s holdings in SPDR Portfolio TIPS ETF were worth $5,704,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in SPIP. Charles Schwab Investment Advisory Inc. increased its position in SPDR Portfolio TIPS ETF by 80.9% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 14,913,365 shares of the company’s stock worth $451,278,000 after buying an additional 6,668,422 shares during the period. Jane Street Group LLC increased its position in SPDR Portfolio TIPS ETF by 1,851.6% during the 1st quarter. Jane Street Group LLC now owns 2,090,444 shares of the company’s stock worth $63,257,000 after buying an additional 1,983,328 shares during the period. Goldman Sachs Group Inc. increased its position in SPDR Portfolio TIPS ETF by 227.7% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,130,446 shares of the company’s stock worth $31,110,000 after buying an additional 785,454 shares during the period. Morgan Stanley increased its position in shares of SPDR Portfolio TIPS ETF by 58.9% in the third quarter. Morgan Stanley now owns 1,398,769 shares of the company’s stock worth $34,745,000 after purchasing an additional 518,503 shares during the period. Finally, Charles Schwab Investment Management Inc. bought a new position in shares of SPDR Portfolio TIPS ETF in the third quarter worth $11,574,000.

SPDR Portfolio TIPS ETF Stock Up 0.2 %

Shares of NYSEARCA SPIP traded up $0.04 during mid-day trading on Friday, reaching $25.19. The company had a trading volume of 124,872 shares, compared to its average volume of 306,496. SPDR Portfolio TIPS ETF has a one year low of $24.33 and a one year high of $26.65. The business’s 50-day simple moving average is $25.46 and its 200 day simple moving average is $25.32.

SPDR Portfolio TIPS ETF Company 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.