Evermay Wealth Management LLC Grows Position in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Evermay Wealth Management LLC increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 13.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 4,467,604 shares of the company’s stock after acquiring an additional 523,486 shares during the period. SPDR Portfolio Intermediate Term Treasury ETF makes up about 14.8% of Evermay Wealth Management LLC’s portfolio, making the stock its largest holding. Evermay Wealth Management LLC’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $129,114,000 at the end of the most recent quarter.

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

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

Shares of SPTI stock opened at $28.70 on Wednesday. SPDR Portfolio Intermediate Term Treasury ETF has a fifty-two week low of $27.80 and a fifty-two week high of $29.15. The stock’s 50-day simple moving average is $28.86 and its 200-day simple moving average is $28.87.

SPDR Portfolio Intermediate Term Treasury ETF Increases Dividend

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

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.