Onyx Bridge Wealth Group LLC Trims Stake in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Onyx Bridge Wealth Group LLC cut its position in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 48.5% in the third quarter, Holdings Channel.com reports. The firm owned 201,332 shares of the company’s stock after selling 189,795 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $5,819,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SPTI. Tripletail Wealth Management LLC bought a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the third quarter worth about $25,000. Franklin Resources Inc. raised its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the second quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after buying an additional 449 shares during the period. Financial Consulate Inc. purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF during the 3rd quarter valued at $38,000. Smartleaf Asset Management LLC bought a new position in SPDR Portfolio Intermediate Term Treasury ETF in the 2nd quarter valued at $42,000. Finally, Ballast Advisors LLC purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the second quarter worth $49,000.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.2%

NYSEARCA:SPTI opened at $28.85 on Thursday. The stock has a fifty day simple moving average of $28.83 and a 200-day simple moving average of $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 business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.0934 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.9%. This is an increase from SPDR Portfolio Intermediate Term Treasury ETF’s previous monthly dividend of $0.09.

About SPDR Portfolio Intermediate Term Treasury ETF

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.