Napa Wealth Management decreased its holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Free Report) by 20.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,291 shares of the company’s stock after selling 5,536 shares during the quarter. Napa Wealth Management’s holdings in SPDR Portfolio TIPS ETF were worth $560,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Auour Investments LLC raised its position in shares of SPDR Portfolio TIPS ETF by 2.5% in the 3rd quarter. Auour Investments LLC now owns 24,171 shares of the company’s stock valued at $622,000 after buying an additional 594 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in SPDR Portfolio TIPS ETF by 8.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 24,836 shares of the company’s stock valued at $653,000 after acquiring an additional 2,004 shares during the last quarter. Leading Edge Financial Planning LLC raised its position in SPDR Portfolio TIPS ETF by 4.7% during the third quarter. Leading Edge Financial Planning LLC now owns 28,941 shares of the company’s stock valued at $761,000 after purchasing an additional 1,293 shares in the last quarter. Wooster Corthell Wealth Management Inc. lifted its stake in SPDR Portfolio TIPS ETF by 2.7% during the third 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. Finally, Wealth Advisory Solutions LLC boosted its holdings in shares of SPDR Portfolio TIPS ETF by 1.5% in the 3rd quarter. Wealth Advisory Solutions LLC now owns 39,709 shares of the company’s stock valued at $1,044,000 after purchasing an additional 602 shares in the last quarter.
SPDR Portfolio TIPS ETF Trading Up 0.0 %
Shares of SPIP opened at $25.54 on Monday. SPDR Portfolio TIPS ETF has a 52-week low of $24.94 and a 52-week high of $26.43. The business’s fifty day moving average is $25.99 and its 200-day moving average is $25.70.
About SPDR Portfolio TIPS ETF
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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