Good Life Advisors LLC Reduces Holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Good Life Advisors LLC decreased its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 27.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,500 shares of the company’s stock after selling 7,778 shares during the period. Good Life Advisors LLC’s holdings in SPDR Portfolio TIPS ETF were worth $524,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPIP. Advisors Asset Management Inc. increased its position in shares of SPDR Portfolio TIPS ETF by 3.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 12,884 shares of the company’s stock worth $320,000 after purchasing an additional 452 shares during the last quarter. Jacobi Capital Management LLC increased its position in shares of SPDR Portfolio TIPS ETF by 2.8% in the 3rd quarter. Jacobi Capital Management LLC now owns 17,495 shares of the company’s stock worth $435,000 after purchasing an additional 481 shares during the last quarter. Phillips Financial Management LLC increased its position in shares of SPDR Portfolio TIPS ETF by 0.3% in the 3rd quarter. Phillips Financial Management LLC now owns 178,668 shares of the company’s stock worth $4,438,000 after purchasing an additional 530 shares during the last quarter. IFG Advisory LLC increased its position in shares of SPDR Portfolio TIPS ETF by 0.4% in the 4th quarter. IFG Advisory LLC now owns 137,422 shares of the company’s stock worth $3,514,000 after purchasing an additional 570 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of SPDR Portfolio TIPS ETF by 36.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,167 shares of the company’s stock valued at $56,000 after buying an additional 574 shares during the period.

SPDR Portfolio TIPS ETF Stock Down 0.4 %

NYSEARCA SPIP opened at $25.62 on Friday. SPDR Portfolio TIPS ETF has a one year low of $24.33 and a one year high of $26.74. The company has a 50-day simple moving average of $25.55 and a 200-day simple moving average of $25.28.

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.