SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Position Reduced by Pure Financial Advisors Inc.

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Pure Financial Advisors Inc. lessened its holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,385,234 shares of the company’s stock after selling 30,030 shares during the quarter. SPDR Portfolio TIPS ETF accounts for 5.2% of Pure Financial Advisors Inc.’s investment portfolio, making the stock its 4th biggest position. Pure Financial Advisors Inc.’s holdings in SPDR Portfolio TIPS ETF were worth $43,178,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Goldman Sachs Group Inc. lifted its stake in shares of SPDR Portfolio TIPS ETF by 18.4% in the second quarter. Goldman Sachs Group Inc. now owns 25,962 shares of the company’s stock worth $782,000 after buying an additional 4,039 shares in the last quarter. Stifel Financial Corp purchased a new stake in shares of SPDR Portfolio TIPS ETF in the second quarter worth $586,000. Charles Schwab Investment Management Inc. boosted its position in shares of SPDR Portfolio TIPS ETF by 49.3% during the second quarter. Charles Schwab Investment Management Inc. now owns 24,766 shares of the company’s stock worth $746,000 after acquiring an additional 8,181 shares during the last quarter. Stephens Inc. AR bought a new position in shares of SPDR Portfolio TIPS ETF during the second quarter worth $2,467,000. Finally, WFA of San Diego LLC bought a new position in shares of SPDR Portfolio TIPS ETF during the second quarter worth $215,000.

Shares of NYSEARCA:SPIP traded up $0.02 during midday trading on Tuesday, reaching $30.86. 4,216,964 shares of the company were exchanged, compared to its average volume of 1,466,711. The business’s fifty day moving average is $30.93 and its two-hundred day moving average is $30.74. SPDR Portfolio TIPS ETF has a one year low of $26.64 and a one year high of $31.20.

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