McAdam LLC Has $705,000 Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

McAdam LLC trimmed its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 42.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,575 shares of the company’s stock after selling 20,691 shares during the period. McAdam LLC’s holdings in SPDR Portfolio TIPS ETF were worth $705,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fulton Breakefield Broenniman LLC grew its stake in SPDR Portfolio TIPS ETF by 31.7% in the fourth quarter. Fulton Breakefield Broenniman LLC now owns 25,414 shares of the company’s stock valued at $650,000 after acquiring an additional 6,124 shares during the period. Resonant Capital Advisors LLC grew its stake in shares of SPDR Portfolio TIPS ETF by 12.0% during the 4th quarter. Resonant Capital Advisors LLC now owns 36,383 shares of the company’s stock worth $930,000 after acquiring an additional 3,909 shares in the last quarter. Allen Capital Group LLC raised its holdings in shares of SPDR Portfolio TIPS ETF by 2.3% in the fourth quarter. Allen Capital Group LLC now owns 88,871 shares of the company’s stock valued at $2,272,000 after purchasing an additional 1,960 shares during the last quarter. Horst & Graben Wealth Management LLC bought a new stake in shares of SPDR Portfolio TIPS ETF in the fourth quarter worth $293,000. Finally, ORG Partners LLC boosted its holdings in SPDR Portfolio TIPS ETF by 117.5% during the fourth quarter. ORG Partners LLC now owns 1,718 shares of the company’s stock worth $44,000 after purchasing an additional 928 shares during the last quarter.

SPDR Portfolio TIPS ETF Trading Up 0.2 %

Shares of SPIP stock opened at $25.22 on Tuesday. The firm’s fifty day moving average price is $25.44 and its two-hundred day moving average price is $25.35. SPDR Portfolio TIPS ETF has a 1 year low of $24.33 and a 1 year high of $26.53.

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.