C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Reduces Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lessened its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 25.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 35,077 shares of the company’s stock after selling 11,855 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in SPDR Portfolio TIPS ETF were worth $899,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Householder Group Estate & Retirement Specialist LLC raised its holdings in shares of SPDR Portfolio TIPS ETF by 9.0% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 5,226 shares of the company’s stock valued at $133,000 after acquiring an additional 432 shares in the last quarter. Phillips Financial Management LLC raised its holdings in SPDR Portfolio TIPS ETF by 0.3% in the fourth quarter. Phillips Financial Management LLC now owns 179,191 shares of the company’s stock worth $4,582,000 after purchasing an additional 523 shares in the last quarter. Benchmark Wealth Management LLC raised its holdings in SPDR Portfolio TIPS ETF by 4.4% in the fourth quarter. Benchmark Wealth Management LLC now owns 12,347 shares of the company’s stock worth $316,000 after purchasing an additional 524 shares in the last quarter. Insight Advisors LLC PA raised its holdings in SPDR Portfolio TIPS ETF by 0.5% in the fourth quarter. Insight Advisors LLC PA now owns 112,077 shares of the company’s stock worth $2,866,000 after purchasing an additional 559 shares in the last quarter. Finally, IFG Advisory LLC raised its holdings in SPDR Portfolio TIPS ETF by 0.4% in the fourth quarter. IFG Advisory LLC now owns 137,422 shares of the company’s stock worth $3,514,000 after purchasing an additional 570 shares in the last quarter.

SPDR Portfolio TIPS ETF Price Performance

SPIP traded up $0.06 during trading on Wednesday, reaching $25.48. The stock had a trading volume of 133,566 shares, compared to its average volume of 310,278. The stock’s 50 day moving average is $25.35 and its two-hundred day moving average is $25.45. SPDR Portfolio TIPS ETF has a one year low of $24.33 and a one year high of $26.01.

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.