Insight Advisors LLC PA Cuts Stock Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Insight Advisors LLC PA decreased its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 71.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,156 shares of the company’s stock after selling 27,770 shares during the period. Insight Advisors LLC PA’s holdings in SPDR Portfolio TIPS ETF were worth $283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in SPIP. Blue Trust Inc. purchased a new position in SPDR Portfolio TIPS ETF during the fourth quarter valued at $164,000. Wooster Corthell Wealth Management Inc. raised its position in shares of SPDR Portfolio TIPS ETF by 2.7% during the 3rd quarter. Wooster Corthell Wealth Management Inc. now owns 301,740 shares of the company’s stock worth $7,930,000 after purchasing an additional 8,043 shares during the last quarter. Charles Schwab Trust Co lifted its stake in SPDR Portfolio TIPS ETF by 122.8% in the 4th quarter. Charles Schwab Trust Co now owns 18,467 shares of the company’s stock valued at $467,000 after buying an additional 10,179 shares in the last quarter. Creative Planning boosted its holdings in SPDR Portfolio TIPS ETF by 6.1% in the 2nd quarter. Creative Planning now owns 26,797 shares of the company’s stock worth $681,000 after buying an additional 1,538 shares during the last quarter. Finally, Fulton Breakefield Broenniman LLC boosted its holdings in SPDR Portfolio TIPS ETF by 7.9% in the 3rd quarter. Fulton Breakefield Broenniman LLC now owns 61,804 shares of the company’s stock worth $1,624,000 after buying an additional 4,532 shares during the last quarter.

SPDR Portfolio TIPS ETF Price Performance

Shares of SPDR Portfolio TIPS ETF stock opened at $25.87 on Friday. The business has a 50 day simple moving average of $25.52 and a two-hundred day simple moving average of $25.76. SPDR Portfolio TIPS ETF has a 12 month low of $24.94 and a 12 month high of $26.43.

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.