SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Shares Sold by Charles Schwab Investment Advisory Inc.

Charles Schwab Investment Advisory Inc. decreased its holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 3.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,669,268 shares of the company’s stock after selling 149,766 shares during the quarter. Charles Schwab Investment Advisory Inc. owned approximately 0.06% of SPDR Portfolio TIPS ETF worth $93,823,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Lincoln National Corp increased its stake in SPDR Portfolio TIPS ETF by 3.3% during the 4th quarter. Lincoln National Corp now owns 8,091,521 shares of the company’s stock worth $206,900,000 after buying an additional 261,118 shares in the last quarter. Cerity Partners LLC increased its stake in SPDR Portfolio TIPS ETF by 47.6% during the 4th quarter. Cerity Partners LLC now owns 1,106,507 shares of the company’s stock worth $28,293,000 after buying an additional 356,862 shares in the last quarter. Great Valley Advisor Group Inc. increased its stake in SPDR Portfolio TIPS ETF by 3,228.8% during the 4th quarter. Great Valley Advisor Group Inc. now owns 919,461 shares of the company’s stock worth $23,511,000 after buying an additional 891,840 shares in the last quarter. Willow Creek Wealth Management Inc. increased its stake in SPDR Portfolio TIPS ETF by 7.0% during the 3rd quarter. Willow Creek Wealth Management Inc. now owns 522,255 shares of the company’s stock worth $12,973,000 after buying an additional 34,328 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. purchased a new stake in SPDR Portfolio TIPS ETF during the 3rd quarter worth approximately $11,574,000.

SPDR Portfolio TIPS ETF Price Performance

NYSEARCA:SPIP traded down $0.02 during trading hours on Wednesday, hitting $25.21. 120,630 shares of the stock were exchanged, compared to its average volume of 292,506. The firm’s fifty day moving average price is $25.41 and its 200 day moving average price is $25.37. SPDR Portfolio TIPS ETF has a 52-week low of $24.33 and a 52-week high of $26.41.

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.