Virtu Financial LLC acquired a new position in shares of Spdr Series Trust (NYSEARCA:IPE) in the fourth quarter, HoldingsChannel reports. The firm acquired 62,592 shares of the company’s stock, valued at approximately $3,521,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Wells Fargo & Company MN grew its stake in Spdr Series Trust by 1.3% during the 4th quarter. Wells Fargo & Company MN now owns 173,795 shares of the company’s stock worth $9,776,000 after buying an additional 2,244 shares during the last quarter. IFP Advisors Inc grew its stake in Spdr Series Trust by 639.2% during the 4th quarter. IFP Advisors Inc now owns 3,674 shares of the company’s stock worth $207,000 after buying an additional 3,177 shares during the last quarter. Sigma Planning Corp bought a new position in Spdr Series Trust during the 4th quarter worth $230,000. RFG Advisory Group LLC bought a new position in Spdr Series Trust during the 4th quarter worth $288,000. Finally, First Allied Advisory Services Inc. grew its stake in Spdr Series Trust by 34.9% during the 4th quarter. First Allied Advisory Services Inc. now owns 23,496 shares of the company’s stock worth $1,319,000 after buying an additional 6,076 shares during the last quarter.
Spdr Series Trust (NYSEARCA IPE) opened at $55.09 on Friday. Spdr Series Trust has a 52 week low of $54.91 and a 52 week high of $57.50.
The firm also recently declared a monthly dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd were paid a $0.0099 dividend. The ex-dividend date of this dividend was Thursday, February 1st. This represents a $0.12 annualized dividend and a dividend yield of 0.22%.
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About Spdr Series Trust
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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