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

SigFig Wealth Management LLC decreased its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 4.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,537 shares of the company’s stock after selling 3,550 shares during the period. SigFig Wealth Management LLC owned about 0.15% of SPDR Portfolio TIPS ETF worth $2,001,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Morgan Dempsey Capital Management LLC purchased a new stake in SPDR Portfolio TIPS ETF during the fourth quarter worth about $25,000. Realta Investment Advisors purchased a new stake in SPDR Portfolio TIPS ETF during the fourth quarter worth about $26,000. Blue Trust Inc. purchased a new stake in SPDR Portfolio TIPS ETF during the fourth quarter worth about $27,000. Transcendent Capital Group LLC boosted its holdings in SPDR Portfolio TIPS ETF by 31.2% during the fourth quarter. Transcendent Capital Group LLC now owns 3,155 shares of the company’s stock worth $80,000 after buying an additional 750 shares in the last quarter. Finally, Golden State Wealth Management LLC acquired a new position in SPDR Portfolio TIPS ETF during the fourth quarter worth about $146,000.

SPDR Portfolio TIPS ETF Trading Up 0.1 %

SPIP stock opened at $26.18 on Friday. The company’s 50 day simple moving average is $25.80 and its 200-day simple moving average is $25.80. SPDR Portfolio TIPS ETF has a 12 month low of $24.94 and a 12 month high of $26.44.

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.