Allen Capital Group LLC Sells 1,335 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Allen Capital Group LLC trimmed its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 1.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 90,141 shares of the company’s stock after selling 1,335 shares during the period. Allen Capital Group LLC owned about 0.18% of SPDR Portfolio TIPS ETF worth $2,369,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SPIP. Advisors Asset Management Inc. grew its position in SPDR Portfolio TIPS ETF by 8.6% in the 1st quarter. Advisors Asset Management Inc. now owns 14,367 shares of the company’s stock worth $368,000 after purchasing an additional 1,140 shares in the last quarter. Ascent Group LLC grew its position in shares of SPDR Portfolio TIPS ETF by 29.7% during the 1st quarter. Ascent Group LLC now owns 50,444 shares of the company’s stock valued at $1,292,000 after acquiring an additional 11,546 shares during the period. B. Riley Wealth Advisors Inc. bought a new position in shares of SPDR Portfolio TIPS ETF during the 1st quarter valued at approximately $205,000. Comerica Bank grew its position in shares of SPDR Portfolio TIPS ETF by 755.4% during the 1st quarter. Comerica Bank now owns 31,891 shares of the company’s stock valued at $817,000 after acquiring an additional 28,163 shares during the period. Finally, Aspect Partners LLC grew its position in shares of SPDR Portfolio TIPS ETF by 12.5% during the 1st quarter. Aspect Partners LLC now owns 39,303 shares of the company’s stock valued at $1,007,000 after acquiring an additional 4,369 shares during the period.

SPDR Portfolio TIPS ETF Price Performance

SPDR Portfolio TIPS ETF stock opened at $25.59 on Friday. SPDR Portfolio TIPS ETF has a twelve month low of $24.94 and a twelve month high of $26.43. The firm has a 50 day moving average price of $25.94 and a 200-day moving average price of $25.71.

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.