Princeton Global Asset Management LLC Sells 1,455 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Princeton Global Asset Management LLC reduced its stake in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 29.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,455 shares of the company’s stock after selling 1,455 shares during the period. Princeton Global Asset Management LLC’s holdings in SPDR Portfolio TIPS ETF were worth $91,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. 1620 Investment Advisors Inc. bought a new position in shares of SPDR Portfolio TIPS ETF in the 2nd quarter worth about $26,000. Farmers & Merchants Investments Inc. bought a new stake in SPDR Portfolio TIPS ETF in the second quarter worth approximately $31,000. B. Riley Wealth Advisors Inc. bought a new stake in SPDR Portfolio TIPS ETF in the first quarter worth approximately $205,000. Prosperity Planning Inc. acquired a new position in SPDR Portfolio TIPS ETF in the third quarter valued at approximately $206,000. Finally, Charles Schwab Trust Co bought a new position in shares of SPDR Portfolio TIPS ETF during the 3rd quarter worth approximately $218,000.

SPDR Portfolio TIPS ETF Stock Down 0.6 %

Shares of SPIP stock opened at $25.62 on Monday. The firm has a 50 day moving average of $26.05 and a 200-day moving average of $25.67. SPDR Portfolio TIPS ETF has a 52 week low of $24.70 and a 52 week high of $26.43.

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.