Allen Capital Group LLC Lowers Stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Allen Capital Group LLC lowered its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 1.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 90,141 shares of the company’s stock after selling 1,335 shares during the quarter. Allen Capital Group LLC’s holdings in SPDR Portfolio TIPS ETF were worth $2,369,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Gries Financial LLC raised its position in shares of SPDR Portfolio TIPS ETF by 1.4% during the 2nd quarter. Gries Financial LLC now owns 118,077 shares of the company’s stock valued at $3,002,000 after buying an additional 1,654 shares in the last quarter. CWM LLC grew its holdings in shares of SPDR Portfolio TIPS ETF by 40.8% during the 2nd quarter. CWM LLC now owns 70,981 shares of the company’s stock valued at $1,804,000 after purchasing an additional 20,585 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of SPDR Portfolio TIPS ETF during the 1st quarter valued at $205,000. Advisors Asset Management Inc. grew its holdings in shares of SPDR Portfolio TIPS ETF by 8.6% during the 1st quarter. Advisors Asset Management Inc. now owns 14,367 shares of the company’s stock valued at $368,000 after purchasing an additional 1,140 shares during the last quarter. Finally, Cannon Financial Strategists Inc. bought a new position in shares of SPDR Portfolio TIPS ETF during the 2nd quarter valued at $18,270,000.

SPDR Portfolio TIPS ETF Price Performance

Shares of SPDR Portfolio TIPS ETF stock opened at $25.59 on Friday. SPDR Portfolio TIPS ETF has a 12-month low of $24.94 and a 12-month high of $26.43. The company’s fifty day simple moving average is $25.94 and its two-hundred day simple moving average is $25.71.

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.