Ridgewood Investments LLC decreased its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 13.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 20,968 shares of the company’s stock after selling 3,302 shares during the period. Ridgewood Investments LLC’s holdings in SPDR Portfolio TIPS ETF were worth $531,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of SPIP. Prosperity Planning Inc. purchased a new stake in shares of SPDR Portfolio TIPS ETF during the third quarter worth about $206,000. Charles Schwab Trust Co purchased a new stake in SPDR Portfolio TIPS ETF in the third quarter valued at approximately $218,000. Nwam LLC purchased a new stake in SPDR Portfolio TIPS ETF in the third quarter valued at approximately $227,000. CoreCap Advisors LLC purchased a new stake in SPDR Portfolio TIPS ETF in the second quarter valued at approximately $351,000. Finally, Larson Financial Group LLC boosted its position in SPDR Portfolio TIPS ETF by 3.9% in the third quarter. Larson Financial Group LLC now owns 21,138 shares of the company’s stock valued at $556,000 after buying an additional 798 shares during the last quarter.
SPDR Portfolio TIPS ETF Price Performance
NYSEARCA SPIP traded down $0.09 during trading hours on Friday, reaching $25.24. The stock had a trading volume of 113,394 shares, compared to its average volume of 155,513. The stock has a fifty day moving average of $25.57 and a 200 day moving average of $25.75. SPDR Portfolio TIPS ETF has a 52-week low of $24.94 and a 52-week 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.
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