SPDR Portfolio Intermediate Term Treasury ETF $SPTI is Bridge Generations Wealth Management LLC’s 3rd Largest Position

Bridge Generations Wealth Management LLC lifted its position in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 47.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 508,242 shares of the company’s stock after purchasing an additional 164,037 shares during the period. SPDR Portfolio Intermediate Term Treasury ETF comprises 9.8% of Bridge Generations Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. Bridge Generations Wealth Management LLC’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $14,688,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Abich Financial Wealth Management LLC purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter worth $1,155,000. Madison Asset Management LLC raised its stake in SPDR Portfolio Intermediate Term Treasury ETF by 14.2% during the 3rd quarter. Madison Asset Management LLC now owns 451,307 shares of the company’s stock valued at $13,043,000 after purchasing an additional 56,020 shares during the period. Stratos Wealth Advisors LLC lifted its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 6.8% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 935,426 shares of the company’s stock worth $27,034,000 after purchasing an additional 59,700 shares in the last quarter. RFG Advisory LLC bought a new position in SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter worth approximately $705,000. Finally, Gateway Wealth Partners LLC boosted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 17.6% in the 3rd quarter. Gateway Wealth Partners LLC now owns 174,543 shares of the company’s stock worth $5,044,000 after purchasing an additional 26,174 shares during the period.

SPDR Portfolio Intermediate Term Treasury ETF Stock Up 0.5%

SPTI opened at $28.98 on Friday. The company has a fifty day moving average of $28.83 and a 200 day moving average of $28.88. SPDR Portfolio Intermediate Term Treasury ETF has a fifty-two week low of $27.92 and a fifty-two week high of $29.15.

SPDR Portfolio Intermediate Term Treasury ETF Increases Dividend

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

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.