SigFig Wealth Management LLC Reduces Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

SigFig Wealth Management LLC lowered its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 8.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 79,572 shares of the company’s stock after selling 7,060 shares during the quarter. SigFig Wealth Management LLC owned approximately 0.16% of SPDR Portfolio TIPS ETF worth $2,105,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. CoreCap Advisors LLC purchased a new position in SPDR Portfolio TIPS ETF during the 2nd quarter worth $351,000. Farmers & Merchants Investments Inc. purchased a new position in SPDR Portfolio TIPS ETF during the 2nd quarter worth $31,000. Gries Financial LLC lifted its stake in shares of SPDR Portfolio TIPS ETF by 1.4% in the 2nd quarter. Gries Financial LLC now owns 118,077 shares of the company’s stock worth $3,002,000 after acquiring an additional 1,654 shares during the period. Larson Financial Group LLC boosted its holdings in shares of SPDR Portfolio TIPS ETF by 6.5% in the second quarter. Larson Financial Group LLC now owns 20,340 shares of the company’s stock valued at $517,000 after acquiring an additional 1,245 shares in the last quarter. Finally, SeaBridge Investment Advisors LLC increased its stake in shares of SPDR Portfolio TIPS ETF by 5.6% during the second quarter. SeaBridge Investment Advisors LLC now owns 113,728 shares of the company’s stock worth $2,891,000 after acquiring an additional 6,048 shares during the period.

SPDR Portfolio TIPS ETF Price Performance

NYSEARCA SPIP opened at $26.28 on Monday. SPDR Portfolio TIPS ETF has a 52-week low of $24.33 and a 52-week high of $26.31. The firm has a 50-day moving average price of $25.78 and a 200 day moving average price of $25.53.

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.