SPDR Portfolio TIPS ETF $SPIP Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. reduced its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 3.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,209,059 shares of the company’s stock after selling 112,615 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.09% of SPDR Portfolio TIPS ETF worth $83,628,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cetera Investment Advisers boosted its holdings in shares of SPDR Portfolio TIPS ETF by 2.6% in the 1st quarter. Cetera Investment Advisers now owns 79,673 shares of the company’s stock valued at $2,102,000 after buying an additional 2,029 shares in the last quarter. AE Wealth Management LLC lifted its position in SPDR Portfolio TIPS ETF by 854.3% in the second quarter. AE Wealth Management LLC now owns 8,388 shares of the company’s stock valued at $219,000 after acquiring an additional 7,509 shares during the last quarter. Fulton Breakefield Broenniman LLC boosted its stake in SPDR Portfolio TIPS ETF by 1.3% in the second quarter. Fulton Breakefield Broenniman LLC now owns 145,800 shares of the company’s stock valued at $3,800,000 after acquiring an additional 1,832 shares in the last quarter. TIAA Trust National Association boosted its stake in SPDR Portfolio TIPS ETF by 80.9% in the first quarter. TIAA Trust National Association now owns 277,765 shares of the company’s stock valued at $7,327,000 after acquiring an additional 124,205 shares in the last quarter. Finally, Barnes Wealth Management Group Inc purchased a new position in shares of SPDR Portfolio TIPS ETF during the first quarter worth about $329,000.

SPDR Portfolio TIPS ETF Price Performance

SPDR Portfolio TIPS ETF stock opened at $26.30 on Friday. SPDR Portfolio TIPS ETF has a fifty-two week low of $25.19 and a fifty-two week high of $26.58. The stock has a 50-day simple moving average of $26.32 and a 200-day simple moving average of $26.11.

SPDR Portfolio TIPS ETF 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.