SPDR Bloomberg Barclays TIPS ETF (NYSEARCA:IPE) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its position in shares of SPDR Bloomberg Barclays TIPS ETF (NYSEARCA:IPE) by 22.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,176 shares of the company’s stock after selling 36,619 shares during the period. Envestnet Asset Management Inc. owned about 0.44% of SPDR Bloomberg Barclays TIPS ETF worth $7,137,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IPE. Bank of America Corp DE raised its stake in shares of SPDR Bloomberg Barclays TIPS ETF by 99.4% in the fourth quarter. Bank of America Corp DE now owns 527,600 shares of the company’s stock valued at $28,432,000 after acquiring an additional 263,019 shares in the last quarter. Merriman Wealth Management LLC acquired a new stake in SPDR Bloomberg Barclays TIPS ETF in the first quarter valued at $7,796,000. ERn Financial LLC acquired a new stake in SPDR Bloomberg Barclays TIPS ETF in the fourth quarter valued at $3,496,000. Aspire Private Capital LLC acquired a new stake in SPDR Bloomberg Barclays TIPS ETF in the fourth quarter valued at $2,624,000. Finally, Beaumont Financial Partners LLC acquired a new stake in SPDR Bloomberg Barclays TIPS ETF in the fourth quarter valued at $1,323,000.

SPDR Bloomberg Barclays TIPS ETF stock opened at $56.05 on Thursday. SPDR Bloomberg Barclays TIPS ETF has a 1-year low of $53.24 and a 1-year high of $56.52.

The firm also recently declared a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Tuesday, June 4th were paid a $0.3228 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This is a boost from SPDR Bloomberg Barclays TIPS ETF’s previous monthly dividend of $0.24. This represents a $3.87 dividend on an annualized basis and a yield of 6.91%.

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About SPDR Bloomberg Barclays TIPS ETF

SPDR Series Trust, formerly SPDR Barclays Tips ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance the Barclays United States Government Inflation-linked Bond Index (the Index). The Barclays United States Government Inflation-linked Bond Index includes publicly issued, United States Treasury inflation protected securities that have at least 1 year remaining to maturity on index rebalancing date, with an issue size equal to or in excess of $500 million.

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays TIPS ETF (NYSEARCA:IPE)

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