TIAA Trust National Association Has $2.25 Million Stake in SPDR Portfolio TIPS ETF $SPIP

TIAA Trust National Association decreased its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 69.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 86,692 shares of the company’s stock after selling 194,021 shares during the quarter. TIAA Trust National Association’s holdings in SPDR Portfolio TIPS ETF were worth $2,250,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. ERn Financial LLC grew its position in shares of SPDR Portfolio TIPS ETF by 11.4% during the 4th quarter. ERn Financial LLC now owns 345,832 shares of the company’s stock worth $8,974,000 after buying an additional 35,433 shares during the period. CWM LLC grew its position in shares of SPDR Portfolio TIPS ETF by 15.4% during the 4th quarter. CWM LLC now owns 4,085,211 shares of the company’s stock worth $106,011,000 after buying an additional 543,940 shares during the period. JPMorgan Chase & Co. grew its position in shares of SPDR Portfolio TIPS ETF by 7,732.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 25,300 shares of the company’s stock worth $666,000 after buying an additional 24,977 shares during the period. Gerber Kawasaki Wealth & Investment Management grew its position in shares of SPDR Portfolio TIPS ETF by 356.7% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 52,600 shares of the company’s stock worth $1,384,000 after buying an additional 41,082 shares during the period. Finally, Sanctuary Advisors LLC grew its position in shares of SPDR Portfolio TIPS ETF by 337.2% during the 4th quarter. Sanctuary Advisors LLC now owns 33,415 shares of the company’s stock worth $867,000 after buying an additional 25,772 shares during the period.

SPDR Portfolio TIPS ETF Stock Down 0.2%

Shares of SPIP stock opened at $25.61 on Thursday. SPDR Portfolio TIPS ETF has a 52 week low of $25.59 and a 52 week high of $26.58. The firm has a 50 day moving average of $26.00 and a 200-day moving average of $26.07.

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.