Tidemark LLC Lowers Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Tidemark LLC decreased its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 96.9% during the third quarter, HoldingsChannel reports. The firm owned 1,524 shares of the company’s stock after selling 47,412 shares during the period. Tidemark LLC’s holdings in SPDR Portfolio TIPS ETF were worth $40,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Advisors Asset Management Inc. raised its stake in SPDR Portfolio TIPS ETF by 8.6% in the first quarter. Advisors Asset Management Inc. now owns 14,367 shares of the company’s stock worth $368,000 after buying an additional 1,140 shares in the last quarter. Ascent Group LLC boosted its position in SPDR Portfolio TIPS ETF by 29.7% during the first quarter. Ascent Group LLC now owns 50,444 shares of the company’s stock valued at $1,292,000 after purchasing an additional 11,546 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of SPDR Portfolio TIPS ETF during the 1st quarter worth approximately $205,000. Comerica Bank boosted its stake in SPDR Portfolio TIPS ETF by 755.4% in the 1st quarter. Comerica Bank now owns 31,891 shares of the company’s stock worth $817,000 after purchasing an additional 28,163 shares in the last quarter. Finally, Aspect Partners LLC raised its holdings in shares of SPDR Portfolio TIPS ETF by 12.5% in the first quarter. Aspect Partners LLC now owns 39,303 shares of the company’s stock worth $1,007,000 after buying an additional 4,369 shares during the last quarter.

SPDR Portfolio TIPS ETF Price Performance

Shares of SPIP stock opened at $25.54 on Monday. SPDR Portfolio TIPS ETF has a fifty-two week low of $24.94 and a fifty-two week high of $26.43. The stock’s 50-day simple moving average is $25.99 and its 200-day simple moving average is $25.70.

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.