SPDR Bloomberg Barclays TIPS ETF (IPE) Position Reduced by Bank of America Corp DE

Bank of America Corp DE reduced its holdings in shares of SPDR Bloomberg Barclays TIPS ETF (NYSEARCA:IPE) by 4.7% during the second quarter, HoldingsChannel.com reports. The fund owned 309,269 shares of the company’s stock after selling 15,182 shares during the quarter. Bank of America Corp DE’s holdings in SPDR Bloomberg Barclays TIPS ETF were worth $17,174,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in SPDR Bloomberg Barclays TIPS ETF during the second quarter worth $270,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of SPDR Bloomberg Barclays TIPS ETF in the second quarter valued at $277,000. PNC Financial Services Group Inc. raised its stake in shares of SPDR Bloomberg Barclays TIPS ETF by 112.4% in the first quarter. PNC Financial Services Group Inc. now owns 5,208 shares of the company’s stock valued at $291,000 after buying an additional 2,756 shares during the period. Citadel Advisors LLC bought a new stake in shares of SPDR Bloomberg Barclays TIPS ETF in the first quarter valued at $326,000. Finally, Accurate Investment Solutions Inc. raised its stake in shares of SPDR Bloomberg Barclays TIPS ETF by 373.3% in the second quarter. Accurate Investment Solutions Inc. now owns 6,286 shares of the company’s stock valued at $349,000 after buying an additional 4,958 shares during the period.

Shares of IPE opened at $53.81 on Monday. SPDR Bloomberg Barclays TIPS ETF has a 1 year low of $53.73 and a 1 year high of $56.77.

The company also recently announced a monthly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were paid a $0.0197 dividend. The ex-dividend date of this dividend was Monday, October 1st. This represents a $0.24 annualized dividend and a dividend yield of 0.44%.

SPDR Bloomberg Barclays TIPS ETF Profile

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.

Further Reading: Google Finance Portfolio Workaround

Want to see what other hedge funds are holding IPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Barclays TIPS ETF (NYSEARCA:IPE).

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

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