RMR Wealth Builders Makes New Investment in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

RMR Wealth Builders acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,531 shares of the company’s stock, valued at approximately $796,000.

Other hedge funds also recently added to or reduced their stakes in the company. Tripletail Wealth Management LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter valued at $25,000. Franklin Resources Inc. lifted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 54.4% during the second quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after purchasing an additional 449 shares in the last quarter. Financial Consulate Inc. purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the third quarter worth $38,000. Smartleaf Asset Management LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the second quarter valued at $42,000. Finally, Ballast Advisors LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the second quarter valued at $49,000.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

SPTI opened at $28.83 on Friday. The stock’s 50-day moving average price is $28.84 and its 200 day moving average price is $28.86. SPDR Portfolio Intermediate Term Treasury ETF has a 12-month low of $27.80 and a 12-month high of $29.15.

SPDR Portfolio Intermediate Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.0934 per share. The ex-dividend date was Monday, February 2nd. This is a positive change from SPDR Portfolio Intermediate Term Treasury ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.