Southland Equity Partners LLC Sells 21,108 Shares of SPDR Portfolio TIPS ETF $SPIP

Southland Equity Partners LLC cut its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 57.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,752 shares of the company’s stock after selling 21,108 shares during the quarter. Southland Equity Partners LLC’s holdings in SPDR Portfolio TIPS ETF were worth $415,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPIP. Betterment LLC acquired a new position in SPDR Portfolio TIPS ETF during the 1st quarter worth approximately $263,000. Focus Partners Advisor Solutions LLC lifted its position in shares of SPDR Portfolio TIPS ETF by 14.3% in the first quarter. Focus Partners Advisor Solutions LLC now owns 14,486 shares of the company’s stock worth $382,000 after purchasing an additional 1,807 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in SPDR Portfolio TIPS ETF by 10.5% during the first quarter. Advisors Asset Management Inc. now owns 29,912 shares of the company’s stock worth $789,000 after purchasing an additional 2,831 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in SPDR Portfolio TIPS ETF by 36.5% during the first quarter. Jones Financial Companies Lllp now owns 8,310 shares of the company’s stock worth $219,000 after purchasing an additional 2,220 shares during the last quarter. Finally, Jane Street Group LLC grew its position in SPDR Portfolio TIPS ETF by 267.0% in the first quarter. Jane Street Group LLC now owns 80,284 shares of the company’s stock valued at $2,118,000 after purchasing an additional 58,406 shares in the last quarter.

SPDR Portfolio TIPS ETF Stock Performance

SPDR Portfolio TIPS ETF stock opened at $25.93 on Wednesday. The firm has a 50-day moving average of $26.23 and a 200-day moving average of $26.15. SPDR Portfolio TIPS ETF has a one year low of $25.20 and a one year high of $26.58.

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.