Strategic Financial Partners Ltd. Sells 199,731 Shares of SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Strategic Financial Partners Ltd. cut its holdings in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 73.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 71,773 shares of the company’s stock after selling 199,731 shares during the quarter. SPDR Portfolio Intermediate Term Treasury ETF comprises 0.9% of Strategic Financial Partners Ltd.’s holdings, making the stock its 22nd biggest position. Strategic Financial Partners Ltd.’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $2,074,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Tripletail Wealth Management LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter valued at approximately $25,000. Franklin Resources Inc. lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the 2nd quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock valued at $37,000 after acquiring an additional 449 shares in the last quarter. Financial Consulate Inc. acquired a new position in SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter worth $38,000. Smartleaf Asset Management LLC bought a new position in SPDR Portfolio Intermediate Term Treasury ETF during the 2nd quarter worth about $42,000. Finally, Ballast Advisors LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 2nd quarter valued at about $49,000.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

Shares of SPDR Portfolio Intermediate Term Treasury ETF stock opened at $28.92 on Wednesday. The stock’s 50-day moving average is $28.83 and its 200-day moving average is $28.87. SPDR Portfolio Intermediate Term Treasury ETF has a one year low of $27.80 and a one year 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 represents a c) annualized dividend and a yield of 3.9%. 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.

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.