Efficient Advisors LLC Sells 2,685 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Efficient Advisors LLC lessened its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 17.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,354 shares of the company’s stock after selling 2,685 shares during the period. Efficient Advisors LLC’s holdings in SPDR Portfolio TIPS ETF were worth $313,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Raymond James Financial Inc. bought a new position in SPDR Portfolio TIPS ETF in the fourth quarter worth approximately $5,164,000. Wealth Advisory Solutions LLC raised its stake in SPDR Portfolio TIPS ETF by 1.9% in the fourth quarter. Wealth Advisory Solutions LLC now owns 40,475 shares of the company’s stock worth $1,024,000 after buying an additional 766 shares in the last quarter. Keybank National Association OH raised its stake in SPDR Portfolio TIPS ETF by 5.7% in the fourth quarter. Keybank National Association OH now owns 10,023 shares of the company’s stock worth $254,000 after buying an additional 540 shares in the last quarter. Jones Financial Companies Lllp raised its stake in SPDR Portfolio TIPS ETF by 11.2% in the fourth quarter. Jones Financial Companies Lllp now owns 6,090 shares of the company’s stock worth $154,000 after buying an additional 612 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC bought a new position in SPDR Portfolio TIPS ETF in the fourth quarter worth approximately $308,000.

SPDR Portfolio TIPS ETF Price Performance

Shares of NYSEARCA:SPIP opened at $26.00 on Friday. SPDR Portfolio TIPS ETF has a 52 week low of $24.94 and a 52 week high of $26.43. The firm has a 50 day moving average of $25.66 and a 200 day moving average of $25.79.

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.