Larson Financial Group LLC Sells 855 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Larson Financial Group LLC trimmed its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 4.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 19,884 shares of the company’s stock after selling 855 shares during the quarter. Larson Financial Group LLC’s holdings in SPDR Portfolio TIPS ETF were worth $508,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ORG Partners LLC increased its stake in SPDR Portfolio TIPS ETF by 117.5% in the fourth quarter. ORG Partners LLC now owns 1,718 shares of the company’s stock worth $44,000 after purchasing an additional 928 shares during the period. Financial Gravity Asset Management Inc. grew its stake in SPDR Portfolio TIPS ETF by 1,800.0% in the third quarter. Financial Gravity Asset Management Inc. now owns 4,275 shares of the company’s stock worth $106,000 after purchasing an additional 4,050 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC grew its position in shares of SPDR Portfolio TIPS ETF by 9.0% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 5,226 shares of the company’s stock worth $133,000 after buying an additional 432 shares in the last quarter. Robertson Stephens Wealth Management LLC purchased a new position in shares of SPDR Portfolio TIPS ETF during the third quarter valued at $206,000. Finally, Simplicity Solutions LLC bought a new stake in shares of SPDR Portfolio TIPS ETF in the third quarter valued at about $214,000.

SPDR Portfolio TIPS ETF Price Performance

NYSEARCA SPIP opened at $25.21 on Wednesday. SPDR Portfolio TIPS ETF has a one year low of $24.33 and a one year high of $26.65. The company’s 50-day simple moving average is $25.46 and its two-hundred day simple moving average is $25.33.

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.