Valtinson Bruner Financial Planning LLC Cuts Holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Valtinson Bruner Financial Planning LLC trimmed its holdings in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 94.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,010 shares of the company’s stock after selling 565,916 shares during the quarter. Valtinson Bruner Financial Planning LLC owned approximately 0.07% of SPDR Portfolio TIPS ETF worth $865,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of SPIP. Tidemark LLC acquired a new position in SPDR Portfolio TIPS ETF during the fourth quarter worth about $112,000. JNBA Financial Advisors increased its holdings in shares of SPDR Portfolio TIPS ETF by 43.4% in the fourth quarter. JNBA Financial Advisors now owns 17,807 shares of the company’s stock valued at $455,000 after purchasing an additional 5,387 shares during the last quarter. Traction Financial Partners LLC acquired a new stake in shares of SPDR Portfolio TIPS ETF in the fourth quarter valued at approximately $1,981,000. Wells Fargo & Company MN lifted its position in SPDR Portfolio TIPS ETF by 4.8% during the fourth quarter. Wells Fargo & Company MN now owns 326,227 shares of the company’s stock worth $8,342,000 after buying an additional 14,830 shares in the last quarter. Finally, Integrity Wealth Solutions LLC acquired a new position in shares of SPDR Portfolio TIPS ETF during the 4th quarter valued at about $4,253,000.

SPDR Portfolio TIPS ETF Stock Up 0.1 %

Shares of SPIP stock opened at $26.06 on Friday. SPDR Portfolio TIPS ETF has a 12 month low of $24.33 and a 12 month high of $26.17. The firm’s 50-day moving average is $25.70 and its two-hundred day moving average is $25.50.

SPDR Portfolio TIPS ETF Company 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.