Northwest Capital Management Inc Sells 9,296 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Northwest Capital Management Inc reduced its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 29.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,773 shares of the company’s stock after selling 9,296 shares during the quarter. Northwest Capital Management Inc’s holdings in SPDR Portfolio TIPS ETF were worth $551,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. bought a new stake in shares of SPDR Portfolio TIPS ETF in the 4th quarter valued at $164,000. Charles Schwab Trust Co boosted its stake in shares of SPDR Portfolio TIPS ETF by 122.8% in the 4th quarter. Charles Schwab Trust Co now owns 18,467 shares of the company’s stock valued at $467,000 after purchasing an additional 10,179 shares during the last quarter. Flagstar Advisors Inc. boosted its stake in shares of SPDR Portfolio TIPS ETF by 2.8% in the 3rd quarter. Flagstar Advisors Inc. now owns 72,125 shares of the company’s stock valued at $1,895,000 after purchasing an additional 1,972 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of SPDR Portfolio TIPS ETF by 8.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 24,836 shares of the company’s stock valued at $653,000 after purchasing an additional 2,004 shares during the last quarter. Finally, Wooster Corthell Wealth Management Inc. boosted its stake in shares of SPDR Portfolio TIPS ETF by 0.5% in the 4th quarter. Wooster Corthell Wealth Management Inc. now owns 303,110 shares of the company’s stock valued at $7,672,000 after purchasing an additional 1,370 shares during the last quarter.

SPDR Portfolio TIPS ETF Price Performance

Shares of NYSEARCA SPIP opened at $25.90 on Monday. SPDR Portfolio TIPS ETF has a 12-month low of $24.94 and a 12-month high of $26.43. The company’s fifty day simple moving average is $25.52 and its 200 day simple moving average is $25.77.

About SPDR Portfolio TIPS ETF

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.