Capital Investment Advisors LLC Purchases 1,027,824 Shares of SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Capital Investment Advisors LLC raised its position in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 10,221.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,037,880 shares of the company’s stock after buying an additional 1,027,824 shares during the period. Capital Investment Advisors LLC owned 0.31% of SPDR Portfolio Intermediate Term Treasury ETF worth $29,932,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SPTI. Tripletail Wealth Management LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter valued at approximately $25,000. Caitlin John LLC bought a new position in SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter valued at $27,000. Franklin Resources Inc. increased its stake 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 buying an additional 449 shares during the period. Financial Consulate Inc. acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter valued at $38,000. Finally, Addison Advisors LLC bought a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF during the third quarter worth $39,000.

SPDR Portfolio Intermediate Term Treasury ETF Trading Up 0.1%

Shares of SPTI stock opened at $28.47 on Friday. SPDR Portfolio Intermediate Term Treasury ETF has a 12 month low of $28.11 and a 12 month high of $29.24. The stock has a 50-day moving average price of $28.84 and a 200 day moving average price of $28.90.

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 issued a dividend of $0.0841 per share. This represents a c) dividend on an annualized basis 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.