TIAA Trust National Association Sells 194,021 Shares of SPDR Portfolio TIPS ETF $SPIP

TIAA Trust National Association lowered its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 69.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 86,692 shares of the company’s stock after selling 194,021 shares during the quarter. TIAA Trust National Association owned approximately 0.23% of SPDR Portfolio TIPS ETF worth $2,250,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. ERn Financial LLC raised its holdings in SPDR Portfolio TIPS ETF by 11.4% in the 4th quarter. ERn Financial LLC now owns 345,832 shares of the company’s stock valued at $8,974,000 after buying an additional 35,433 shares during the last quarter. CWM LLC raised its holdings in SPDR Portfolio TIPS ETF by 15.4% in the 4th quarter. CWM LLC now owns 4,085,211 shares of the company’s stock valued at $106,011,000 after buying an additional 543,940 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in SPDR Portfolio TIPS ETF by 7,732.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 25,300 shares of the company’s stock valued at $666,000 after buying an additional 24,977 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management raised its holdings in SPDR Portfolio TIPS ETF by 356.7% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 52,600 shares of the company’s stock valued at $1,384,000 after buying an additional 41,082 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in SPDR Portfolio TIPS ETF by 337.2% in the 4th quarter. Sanctuary Advisors LLC now owns 33,415 shares of the company’s stock valued at $867,000 after buying an additional 25,772 shares during the last quarter.

SPDR Portfolio TIPS ETF Trading Down 0.2%

Shares of NYSEARCA SPIP opened at $25.61 on Thursday. The company has a 50 day simple moving average of $26.00 and a 200 day simple moving average of $26.07. SPDR Portfolio TIPS ETF has a 1 year low of $25.59 and a 1 year high of $26.58.

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.