Southland Equity Partners LLC Sells 21,108 Shares of SPDR Portfolio TIPS ETF $SPIP

Southland Equity Partners LLC trimmed its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 57.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,752 shares of the company’s stock after selling 21,108 shares during the period. Southland Equity Partners LLC’s holdings in SPDR Portfolio TIPS ETF were worth $415,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Simplex Trading LLC acquired a new stake in SPDR Portfolio TIPS ETF in the second quarter worth $31,000. Atlantic Union Bankshares Corp acquired a new position in SPDR Portfolio TIPS ETF in the second quarter valued at about $45,000. Beacon Capital Management Inc. bought a new stake in shares of SPDR Portfolio TIPS ETF in the second quarter worth about $54,000. Morgan Dempsey Capital Management LLC raised its position in shares of SPDR Portfolio TIPS ETF by 117.7% during the second quarter. Morgan Dempsey Capital Management LLC now owns 3,130 shares of the company’s stock worth $82,000 after purchasing an additional 1,692 shares during the period. Finally, IFP Advisors Inc lifted its holdings in shares of SPDR Portfolio TIPS ETF by 7,236.2% during the 2nd quarter. IFP Advisors Inc now owns 3,448 shares of the company’s stock valued at $90,000 after purchasing an additional 3,401 shares in the last quarter.

SPDR Portfolio TIPS ETF Trading Up 0.1%

Shares of SPIP opened at $25.93 on Wednesday. The stock has a 50 day simple moving average of $26.23 and a 200 day simple moving average of $26.15. SPDR Portfolio TIPS ETF has a 52-week low of $25.20 and a 52-week 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.