SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Shares Sold by SigFig Wealth Management LLC

SigFig Wealth Management LLC lowered its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 8.1% during the second quarter, Holdings Channel reports. The fund owned 79,572 shares of the company’s stock after selling 7,060 shares during the quarter. SigFig Wealth Management LLC’s holdings in SPDR Portfolio TIPS ETF were worth $2,105,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPIP. Auour Investments LLC boosted its stake in shares of SPDR Portfolio TIPS ETF by 2.1% during the 2nd quarter. Auour Investments LLC now owns 23,577 shares of the company’s stock worth $599,000 after purchasing an additional 496 shares during the last quarter. Benchmark Wealth Management LLC lifted its stake in shares of SPDR Portfolio TIPS ETF by 4.2% during the 2nd quarter. Benchmark Wealth Management LLC now owns 12,860 shares of the company’s stock worth $327,000 after purchasing an additional 513 shares during the period. Horst & Graben Wealth Management LLC boosted its holdings in shares of SPDR Portfolio TIPS ETF by 6.4% during the second quarter. Horst & Graben Wealth Management LLC now owns 11,943 shares of the company’s stock worth $304,000 after purchasing an additional 715 shares during the last quarter. Nwam LLC grew its position in shares of SPDR Portfolio TIPS ETF by 7.4% in the first quarter. Nwam LLC now owns 11,515 shares of the company’s stock valued at $291,000 after purchasing an additional 792 shares during the period. Finally, 1620 Investment Advisors Inc. acquired a new position in SPDR Portfolio TIPS ETF in the second quarter valued at $26,000.

SPDR Portfolio TIPS ETF Stock Performance

SPIP opened at $26.28 on Monday. SPDR Portfolio TIPS ETF has a 12 month low of $24.33 and a 12 month high of $26.31. The business has a 50-day moving average of $25.78 and a two-hundred day moving average of $25.53.

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.