HighTower Advisors LLC Purchases 105,958 Shares of SPDR Portfolio Intermediate Term Treasury ETF $SPTI

HighTower Advisors LLC boosted its position in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 7.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,447,030 shares of the company’s stock after purchasing an additional 105,958 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $41,819,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of SPTI. Blalock Williams LLC purchased a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 3rd quarter valued at $711,000. Gradient Investments LLC grew its position in SPDR Portfolio Intermediate Term Treasury ETF by 5.6% in the third quarter. Gradient Investments LLC now owns 1,218,560 shares of the company’s stock worth $35,216,000 after acquiring an additional 64,799 shares in the last quarter. CWM LLC increased its stake in SPDR Portfolio Intermediate Term Treasury ETF by 17.2% in the third quarter. CWM LLC now owns 5,340,397 shares of the company’s stock valued at $154,337,000 after acquiring an additional 783,183 shares during the last quarter. DAVENPORT & Co LLC raised its position in SPDR Portfolio Intermediate Term Treasury ETF by 32.0% during the third quarter. DAVENPORT & Co LLC now owns 188,655 shares of the company’s stock valued at $5,452,000 after purchasing an additional 45,703 shares in the last quarter. Finally, Bailard Inc. purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF during the third quarter valued at about $684,000.

SPDR Portfolio Intermediate Term Treasury ETF Stock Down 0.0%

Shares of SPTI stock opened at $29.05 on Wednesday. The business has a 50-day moving average price of $28.85 and a two-hundred day moving average price of $28.89. SPDR Portfolio Intermediate Term Treasury ETF has a 12-month low of $27.95 and a 12-month high of $29.15.

SPDR Portfolio Intermediate Term Treasury ETF Increases Dividend

The company 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. This is an increase from SPDR Portfolio Intermediate Term Treasury ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Monday, February 2nd.

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.