Abich Financial Wealth Management LLC Invests $1.16 Million in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Abich Financial Wealth Management LLC bought a new stake in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 39,981 shares of the company’s stock, valued at approximately $1,155,000. SPDR Portfolio Intermediate Term Treasury ETF comprises about 0.4% of Abich Financial Wealth Management LLC’s holdings, making the stock its 21st largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPTI. Tripletail Wealth Management LLC acquired a new position in SPDR Portfolio Intermediate Term Treasury ETF in the third quarter valued at $25,000. Franklin Resources Inc. lifted its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the 2nd quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock valued at $37,000 after purchasing an additional 449 shares during the last quarter. Financial Consulate Inc. acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter valued at about $38,000. Smartleaf Asset Management LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 2nd quarter valued at about $42,000. Finally, Ballast Advisors LLC purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF during the 2nd quarter worth approximately $49,000.

SPDR Portfolio Intermediate Term Treasury ETF Stock Up 0.5%

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 business’s 50 day moving average is $28.83 and its two-hundred day moving average 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. Investors of record on Monday, February 2nd were given a $0.0934 dividend. This is a positive change from SPDR Portfolio Intermediate Term Treasury ETF’s previous monthly dividend of $0.09. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.9%.

SPDR Portfolio Intermediate Term Treasury ETF Company 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.