Ameriprise Financial Inc. Sells 7,891 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Ameriprise Financial Inc. lowered its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 15.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 42,640 shares of the company’s stock after selling 7,891 shares during the quarter. Ameriprise Financial Inc.’s holdings in SPDR Portfolio TIPS ETF were worth $1,079,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SPIP. Keybank National Association OH increased its position in shares of SPDR Portfolio TIPS ETF by 5.7% in the fourth quarter. Keybank National Association OH now owns 10,023 shares of the company’s stock worth $254,000 after purchasing an additional 540 shares during the last quarter. Stifel Financial Corp increased its holdings in shares of SPDR Portfolio TIPS ETF by 5.6% in the 4th quarter. Stifel Financial Corp now owns 11,363 shares of the company’s stock worth $288,000 after buying an additional 601 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of SPDR Portfolio TIPS ETF by 11.2% in the 4th quarter. Jones Financial Companies Lllp now owns 6,090 shares of the company’s stock worth $154,000 after buying an additional 612 shares during the last quarter. Fifth Third Securities Inc. increased its holdings in shares of SPDR Portfolio TIPS ETF by 5.8% in the 4th quarter. Fifth Third Securities Inc. now owns 12,894 shares of the company’s stock worth $326,000 after buying an additional 711 shares during the last quarter. Finally, Transcendent Capital Group LLC increased its stake in SPDR Portfolio TIPS ETF by 31.2% in the fourth quarter. Transcendent Capital Group LLC now owns 3,155 shares of the company’s stock valued at $80,000 after acquiring an additional 750 shares during the last quarter.

SPDR Portfolio TIPS ETF Price Performance

SPIP opened at $25.88 on Monday. SPDR Portfolio TIPS ETF has a 52 week low of $25.18 and a 52 week high of $26.47. The business’s fifty day simple moving average is $25.89 and its 200 day simple moving average is $25.76.

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.