SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Hits New 52-Week High – Here’s What Happened

Shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) reached a new 52-week high on Friday . The company traded as high as $29.21 and last traded at $29.2050, with a volume of 422875 shares traded. The stock had previously closed at $29.14.

SPDR Portfolio Intermediate Term Treasury ETF Stock Up 0.2%

The firm’s fifty day moving average is $28.87 and its 200-day moving average is $28.90.

SPDR Portfolio Intermediate Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.0934 dividend. This is a boost 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) dividend on an annualized basis and a dividend yield of 3.8%.

Institutional Trading of SPDR Portfolio Intermediate Term Treasury ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. LPL Financial LLC increased its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 3.7% in the 4th quarter. LPL Financial LLC now owns 48,812,099 shares of the company’s stock valued at $1,407,741,000 after acquiring an additional 1,719,493 shares during the last quarter. Financial Engines Advisors L.L.C. boosted its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 7.3% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 44,094,271 shares of the company’s stock worth $1,271,679,000 after purchasing an additional 3,010,875 shares during the period. Municipal Employees Retirement System of Michigan boosted its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 3.9% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 37,247,174 shares of the company’s stock worth $1,074,208,000 after purchasing an additional 1,385,521 shares during the period. Bank of America Corp DE increased its stake in SPDR Portfolio Intermediate Term Treasury ETF by 164.5% during the second quarter. Bank of America Corp DE now owns 18,216,837 shares of the company’s stock valued at $524,098,000 after purchasing an additional 11,328,620 shares during the last quarter. Finally, Mather Group LLC. increased its stake in SPDR Portfolio Intermediate Term Treasury ETF by 5.5% during the fourth quarter. Mather Group LLC. now owns 11,316,901 shares of the company’s stock valued at $326,379,000 after purchasing an additional 587,744 shares during the last quarter.

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.