Abich Financial Wealth Management LLC Takes Position in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Abich Financial Wealth Management LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 39,981 shares of the company’s stock, valued at approximately $1,155,000. SPDR Portfolio Intermediate Term Treasury ETF makes up approximately 0.4% of Abich Financial Wealth Management LLC’s portfolio, making the stock its 21st biggest position.

Several other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 164.5% during the second quarter. Bank of America Corp DE now owns 18,216,837 shares of the company’s stock worth $524,098,000 after purchasing an additional 11,328,620 shares during the last quarter. Mather Group LLC. increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 3.7% in the third quarter. Mather Group LLC. now owns 10,729,157 shares of the company’s stock valued at $310,073,000 after buying an additional 379,765 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 10.1% in the second quarter. Ameriprise Financial Inc. now owns 8,544,393 shares of the company’s stock valued at $245,801,000 after buying an additional 781,029 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 13.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,960,678 shares of the company’s stock worth $172,264,000 after buying an additional 700,724 shares during the last quarter. Finally, State Street Corp boosted its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 72.9% in the 2nd quarter. State Street Corp now owns 5,724,495 shares of the company’s stock worth $164,694,000 after buying an additional 2,412,823 shares in the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

Shares of NYSEARCA SPTI opened at $28.98 on Friday. SPDR Portfolio Intermediate Term Treasury ETF has a 52 week low of $27.92 and a 52 week high of $29.15. The company’s 50-day moving average price is $28.83 and its 200 day moving average price is $28.88.

SPDR Portfolio Intermediate Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.0934 dividend. This represents a c) annualized dividend and a dividend yield of 3.9%. This is a boost from SPDR Portfolio Intermediate Term Treasury ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Monday, February 2nd.

SPDR Portfolio Intermediate Term Treasury ETF Profile

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.