Raymond James & Associates Has $674,000 Stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Raymond James & Associates reduced its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 63.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,355 shares of the company’s stock after selling 45,478 shares during the period. Raymond James & Associates’ holdings in SPDR Portfolio TIPS ETF were worth $674,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Altfest L J & Co. Inc. raised its position in shares of SPDR Portfolio TIPS ETF by 30.2% in the third quarter. Altfest L J & Co. Inc. now owns 14,454 shares of the company’s stock valued at $359,000 after buying an additional 3,354 shares in the last quarter. Security Financial Services INC. bought a new position in SPDR Portfolio TIPS ETF during the 3rd quarter worth $1,563,000. Raymond James Financial Services Advisors Inc. raised its holdings in SPDR Portfolio TIPS ETF by 2.1% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 264,428 shares of the company’s stock valued at $6,568,000 after acquiring an additional 5,407 shares in the last quarter. McAdam LLC lifted its position in shares of SPDR Portfolio TIPS ETF by 17.6% during the 3rd quarter. McAdam LLC now owns 48,266 shares of the company’s stock valued at $1,199,000 after acquiring an additional 7,207 shares during the period. Finally, HB Wealth Management LLC grew its holdings in shares of SPDR Portfolio TIPS ETF by 18.1% during the 3rd quarter. HB Wealth Management LLC now owns 11,288 shares of the company’s stock worth $280,000 after purchasing an additional 1,732 shares in the last quarter.

SPDR Portfolio TIPS ETF Stock Down 0.2 %

SPIP stock opened at $25.15 on Thursday. SPDR Portfolio TIPS ETF has a 52 week low of $24.33 and a 52 week high of $26.65. The business has a 50-day simple moving average of $25.45 and a 200 day simple moving average of $25.33.

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.