TD Private Client Wealth LLC Sells 5,473 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

TD Private Client Wealth LLC reduced its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 48.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,790 shares of the company’s stock after selling 5,473 shares during the quarter. TD Private Client Wealth LLC’s holdings in SPDR Portfolio TIPS ETF were worth $152,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPIP. Wealth Enhancement Advisory Services LLC boosted its stake in shares of SPDR Portfolio TIPS ETF by 127.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 22,832 shares of the company’s stock worth $580,000 after acquiring an additional 12,807 shares during the period. Security Financial Services INC. boosted its stake in shares of SPDR Portfolio TIPS ETF by 7.4% during the 2nd quarter. Security Financial Services INC. now owns 77,390 shares of the company’s stock worth $1,967,000 after acquiring an additional 5,365 shares during the period. Horst & Graben Wealth Management LLC boosted its stake in shares of SPDR Portfolio TIPS ETF by 6.4% during the 2nd quarter. Horst & Graben Wealth Management LLC now owns 11,943 shares of the company’s stock worth $304,000 after acquiring an additional 715 shares during the period. 1620 Investment Advisors Inc. bought a new position in shares of SPDR Portfolio TIPS ETF during the 2nd quarter worth approximately $26,000. Finally, Wooster Corthell Wealth Management Inc. boosted its stake in shares of SPDR Portfolio TIPS ETF by 6.5% during the 2nd quarter. Wooster Corthell Wealth Management Inc. now owns 293,697 shares of the company’s stock worth $7,466,000 after acquiring an additional 17,841 shares during the period.

SPDR Portfolio TIPS ETF Trading Down 0.3 %

Shares of NYSEARCA SPIP opened at $25.59 on Monday. SPDR Portfolio TIPS ETF has a 12 month low of $24.94 and a 12 month high of $26.43. The stock has a 50 day moving average of $25.78 and a 200-day moving average of $25.76.

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.