Northwest Capital Management Inc Has $551,000 Stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Northwest Capital Management Inc decreased its holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 29.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. 3EDGE Asset Management LP acquired a new stake in SPDR Portfolio TIPS ETF in the 4th quarter worth about $19,816,000. Cannon Financial Strategists Inc. raised its position in shares of SPDR Portfolio TIPS ETF by 7.6% in the 4th quarter. Cannon Financial Strategists Inc. now owns 772,291 shares of the company’s stock valued at $19,547,000 after buying an additional 54,512 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of SPDR Portfolio TIPS ETF in the 3rd quarter valued at approximately $9,399,000. Prentice Wealth Management LLC raised its position in shares of SPDR Portfolio TIPS ETF by 5.1% in the 4th quarter. Prentice Wealth Management LLC now owns 344,157 shares of the company’s stock valued at $8,711,000 after buying an additional 16,616 shares in the last quarter. Finally, Wooster Corthell Wealth Management Inc. raised its position 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 buying an additional 1,370 shares in the last quarter.

SPDR Portfolio TIPS ETF Stock Performance

Shares of NYSEARCA:SPIP opened at $25.90 on Monday. The firm has a 50 day moving average of $25.52 and a 200-day moving average of $25.77. SPDR Portfolio TIPS ETF has a 12 month low of $24.94 and a 12 month high of $26.43.

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.