Madison Asset Management LLC Acquires 56,020 Shares of SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Madison Asset Management LLC raised its holdings in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 14.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 451,307 shares of the company’s stock after acquiring an additional 56,020 shares during the quarter. Madison Asset Management LLC’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $13,043,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Bank of America Corp DE lifted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 164.5% in the 2nd 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. Mather Group LLC. raised its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 3.7% during the third quarter. Mather Group LLC. now owns 10,729,157 shares of the company’s stock valued at $310,073,000 after buying an additional 379,765 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 10.1% in the second quarter. Ameriprise Financial Inc. now owns 8,544,393 shares of the company’s stock worth $245,801,000 after buying an additional 781,029 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 13.3% in the third quarter. Envestnet Asset Management Inc. now owns 5,960,678 shares of the company’s stock worth $172,264,000 after buying an additional 700,724 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 72.9% during the 2nd quarter. State Street Corp now owns 5,724,495 shares of the company’s stock worth $164,694,000 after acquiring an additional 2,412,823 shares in the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

Shares of SPTI stock opened at $28.85 on Thursday. The stock’s 50 day simple moving average is $28.83 and its 200 day simple moving average is $28.87. SPDR Portfolio Intermediate Term Treasury ETF has a twelve month low of $27.80 and a twelve month high of $29.15.

SPDR Portfolio Intermediate Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.0934 dividend. 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.