DAVENPORT & Co LLC Has $6.53 Million Holdings in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

DAVENPORT & Co LLC raised its position in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 20.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,394 shares of the company’s stock after purchasing an additional 37,739 shares during the period. DAVENPORT & Co LLC owned 0.07% of SPDR Portfolio Intermediate Term Treasury ETF worth $6,529,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in SPTI. Tripletail Wealth Management LLC bought a new position in SPDR Portfolio Intermediate Term Treasury ETF during the third quarter valued at approximately $25,000. Caitlin John LLC acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the third quarter valued at approximately $27,000. Franklin Resources Inc. grew its position in SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the second quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after acquiring an additional 449 shares in the last quarter. Financial Consulate Inc. bought a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the third quarter worth approximately $38,000. Finally, Addison Advisors LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 3rd quarter worth $39,000.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

SPDR Portfolio Intermediate Term Treasury ETF stock opened at $28.44 on Friday. The firm’s fifty day simple moving average is $28.84 and its 200-day simple moving average is $28.90. SPDR Portfolio Intermediate Term Treasury ETF has a 1-year low of $28.11 and a 1-year high of $29.24.

SPDR Portfolio Intermediate Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.0841 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, March 2nd.

About SPDR Portfolio Intermediate Term Treasury ETF

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.