SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Shares Sold by Cerity Partners LLC

Cerity Partners LLC reduced its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 2.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 888,795 shares of the company’s stock after selling 26,838 shares during the period. Cerity Partners LLC owned approximately 1.80% of SPDR Portfolio TIPS ETF worth $23,358,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SPIP. 1620 Investment Advisors Inc. acquired a new stake in SPDR Portfolio TIPS ETF during the 2nd quarter worth about $26,000. Farmers & Merchants Investments Inc. purchased a new stake in SPDR Portfolio TIPS ETF in the second quarter valued at approximately $31,000. B. Riley Wealth Advisors Inc. acquired a new position in SPDR Portfolio TIPS ETF in the 1st quarter worth approximately $205,000. Prosperity Planning Inc. purchased a new position in SPDR Portfolio TIPS ETF during the 3rd quarter worth approximately $206,000. Finally, Charles Schwab Trust Co acquired a new stake in SPDR Portfolio TIPS ETF during the 3rd quarter valued at approximately $218,000.

SPDR Portfolio TIPS ETF Stock Performance

NYSEARCA SPIP opened at $25.58 on Monday. SPDR Portfolio TIPS ETF has a 1 year low of $24.94 and a 1 year high of $26.43. The company has a fifty day moving average of $25.93 and a 200 day moving average of $25.71.

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.