Wooster Corthell Wealth Management Inc. Raises Stock Holdings in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Wooster Corthell Wealth Management Inc. raised its position in shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 2.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 301,740 shares of the company’s stock after purchasing an additional 8,043 shares during the quarter. SPDR Portfolio TIPS ETF accounts for 1.7% of Wooster Corthell Wealth Management Inc.’s portfolio, making the stock its 16th largest position. Wooster Corthell Wealth Management Inc. owned approximately 0.61% of SPDR Portfolio TIPS ETF worth $7,930,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SPIP. Cannon Financial Strategists Inc. purchased a new stake in SPDR Portfolio TIPS ETF in the second quarter valued at approximately $18,270,000. Lincoln National Corp grew its position in shares of SPDR Portfolio TIPS ETF by 3.2% during the 1st quarter. Lincoln National Corp now owns 8,350,188 shares of the company’s stock valued at $213,932,000 after acquiring an additional 258,667 shares during the period. Great Valley Advisor Group Inc. increased its stake in shares of SPDR Portfolio TIPS ETF by 12.8% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 1,343,133 shares of the company’s stock valued at $34,143,000 after purchasing an additional 152,806 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of SPDR Portfolio TIPS ETF by 119.0% in the second quarter. NewEdge Advisors LLC now owns 207,254 shares of the company’s stock valued at $5,268,000 after buying an additional 112,599 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in SPDR Portfolio TIPS ETF by 23.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 323,777 shares of the company’s stock valued at $8,295,000 after acquiring an additional 60,981 shares during the period.

SPDR Portfolio TIPS ETF Stock Up 0.1 %

Shares of SPIP traded up $0.03 during mid-day trading on Tuesday, hitting $25.84. 55,308 shares of the company were exchanged, compared to its average volume of 260,502. SPDR Portfolio TIPS ETF has a 1-year low of $24.48 and a 1-year high of $26.43. The company has a 50 day moving average of $26.07 and a 200-day moving average of $25.63.

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.