SPDR Portfolio TIPS ETF $SPIP Shares Sold by Cerity Partners LLC

Cerity Partners LLC reduced its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 3.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 867,475 shares of the company’s stock after selling 32,048 shares during the period. Cerity Partners LLC’s holdings in SPDR Portfolio TIPS ETF were worth $22,606,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Simplex Trading LLC acquired a new stake in shares of SPDR Portfolio TIPS ETF during the second quarter worth $31,000. Atlantic Union Bankshares Corp purchased a new position in SPDR Portfolio TIPS ETF during the second quarter worth about $45,000. Morgan Dempsey Capital Management LLC lifted its position in SPDR Portfolio TIPS ETF by 117.7% during the second quarter. Morgan Dempsey Capital Management LLC now owns 3,130 shares of the company’s stock worth $82,000 after buying an additional 1,692 shares during the period. IFP Advisors Inc boosted its stake in SPDR Portfolio TIPS ETF by 7,236.2% in the 2nd quarter. IFP Advisors Inc now owns 3,448 shares of the company’s stock worth $90,000 after buying an additional 3,401 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in SPDR Portfolio TIPS ETF by 11.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,671 shares of the company’s stock valued at $122,000 after buying an additional 471 shares during the period.

SPDR Portfolio TIPS ETF Stock Down 0.2%

NYSEARCA SPIP opened at $26.01 on Wednesday. SPDR Portfolio TIPS ETF has a 12 month low of $25.19 and a 12 month high of $26.58. The company has a 50-day moving average of $26.29 and a 200-day moving average of $26.13.

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.