KWB Wealth Takes Position in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

KWB Wealth purchased a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,314,158 shares of the company’s stock, valued at approximately $37,900,000. SPDR Portfolio Intermediate Term Treasury ETF accounts for about 3.6% of KWB Wealth’s portfolio, making the stock its 6th biggest holding. KWB Wealth owned about 0.39% of SPDR Portfolio Intermediate Term Treasury ETF at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SPTI. Silverlake Wealth Management LLC increased its position in SPDR Portfolio Intermediate Term Treasury ETF by 17.7% in the fourth quarter. Silverlake Wealth Management LLC now owns 108,376 shares of the company’s stock worth $3,126,000 after purchasing an additional 16,259 shares during the period. Independence Wealth Advisors LLC acquired a new position in SPDR Portfolio Intermediate Term Treasury ETF during the 4th quarter valued at about $6,993,000. Gradient Investments LLC boosted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 4.6% in the 4th quarter. Gradient Investments LLC now owns 1,274,860 shares of the company’s stock valued at $36,767,000 after purchasing an additional 56,300 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 22.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 711,186 shares of the company’s stock valued at $20,532,000 after purchasing an additional 131,024 shares during the last quarter. Finally, Wedmont Private Capital acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 4th quarter worth approximately $521,000.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

SPTI opened at $28.60 on Tuesday. The firm has a 50 day simple moving average of $28.86 and a 200 day simple moving average of $28.91. SPDR Portfolio Intermediate Term Treasury ETF has a fifty-two week low of $28.11 and a fifty-two week high of $29.24.

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.

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.