Pure Financial Advisors Inc. Boosts Stake in SPDR Bloomberg Barclays TIPS ETF (IPE)

Pure Financial Advisors Inc. raised its stake in shares of SPDR Bloomberg Barclays TIPS ETF (NYSEARCA:IPE) by 4.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 851,512 shares of the company’s stock after buying an additional 32,558 shares during the quarter. SPDR Bloomberg Barclays TIPS ETF comprises 9.3% of Pure Financial Advisors Inc.’s portfolio, making the stock its biggest position. Pure Financial Advisors Inc. owned 2.93% of SPDR Bloomberg Barclays TIPS ETF worth $45,888,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. INR Advisory Services LLC grew its position in SPDR Bloomberg Barclays TIPS ETF by 471.5% during the third quarter. INR Advisory Services LLC now owns 1,663 shares of the company’s stock worth $91,000 after buying an additional 1,372 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new stake in shares of SPDR Bloomberg Barclays TIPS ETF in the third quarter valued at about $146,000. Belpointe Asset Management LLC purchased a new stake in shares of SPDR Bloomberg Barclays TIPS ETF in the third quarter valued at about $161,000. Bell Rock Capital LLC purchased a new stake in SPDR Bloomberg Barclays TIPS ETF during the third quarter worth about $173,000. Finally, Captrust Financial Advisors boosted its holdings in SPDR Bloomberg Barclays TIPS ETF by 440.9% during the third quarter. Captrust Financial Advisors now owns 4,327 shares of the company’s stock worth $236,000 after buying an additional 3,527 shares in the last quarter.

IPE stock traded up $0.18 during trading on Friday, reaching $54.29. 9,628 shares of the company were exchanged, compared to its average volume of 88,316. SPDR Bloomberg Barclays TIPS ETF has a 52-week low of $53.24 and a 52-week high of $56.13.

The business also recently announced a monthly dividend, which was paid on Wednesday, December 26th. Investors of record on Thursday, December 20th were issued a $0.1163 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.57%. This is an increase from SPDR Bloomberg Barclays TIPS ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Wednesday, December 19th.

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SPDR Bloomberg Barclays TIPS ETF Company 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.

Read More: How Do You Calculate Return on Investment (ROI)?

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

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