Concord Asset Management LLC VA Has $29.70 Million Stock Holdings in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Concord Asset Management LLC VA boosted its stake in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 7.1% during the third quarter, HoldingsChannel reports. The firm owned 1,027,727 shares of the company’s stock after buying an additional 68,262 shares during the period. SPDR Portfolio Intermediate Term Treasury ETF comprises about 5.4% of Concord Asset Management LLC VA’s portfolio, making the stock its 5th biggest holding. Concord Asset Management LLC VA’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $29,701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Empirical Asset Management LLC boosted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 3.7% during the second quarter. Empirical Asset Management LLC now owns 9,729 shares of the company’s stock valued at $280,000 after purchasing an additional 351 shares during the period. Allworth Financial LP increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 5.1% during the second quarter. Allworth Financial LP now owns 8,419 shares of the company’s stock valued at $242,000 after buying an additional 408 shares during the period. Integrity Wealth Solutions LLC lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 1.4% during the second quarter. Integrity Wealth Solutions LLC now owns 30,119 shares of the company’s stock valued at $867,000 after buying an additional 412 shares during the period. Franklin Resources Inc. lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 54.4% during 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 during the period. Finally, Vontobel Holding Ltd. boosted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 1.8% during the third quarter. Vontobel Holding Ltd. now owns 27,960 shares of the company’s stock worth $809,000 after acquiring an additional 483 shares in the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Stock Down 0.0%

SPTI opened at $28.82 on Friday. SPDR Portfolio Intermediate Term Treasury ETF has a 1 year low of $27.80 and a 1 year high of $29.15. The stock has a 50-day moving average price of $28.84 and a 200-day moving average price of $28.87.

SPDR Portfolio Intermediate Term Treasury ETF Increases Dividend

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

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.