Collier Financial Takes Position in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Collier Financial purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 596,731 shares of the company’s stock, valued at approximately $17,246,000. SPDR Portfolio Intermediate Term Treasury ETF accounts for 13.0% of Collier Financial’s investment portfolio, making the stock its 2nd largest holding.

Several other institutional investors also recently modified their holdings of SPTI. Blalock Williams LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter worth approximately $711,000. Gradient Investments LLC increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 5.6% during the third quarter. Gradient Investments LLC now owns 1,218,560 shares of the company’s stock worth $35,216,000 after buying an additional 64,799 shares during the period. CWM LLC raised its stake in SPDR Portfolio Intermediate Term Treasury ETF by 17.2% during the third quarter. CWM LLC now owns 5,340,397 shares of the company’s stock worth $154,337,000 after buying an additional 783,183 shares during the last quarter. DAVENPORT & Co LLC lifted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 32.0% in the 3rd 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 during the period. Finally, Bailard Inc. acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF during the third quarter worth approximately $684,000.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.0%

Shares of SPTI stock opened at $28.82 on Friday. SPDR Portfolio Intermediate Term Treasury ETF has a fifty-two week low of $27.80 and a fifty-two week high of $29.15. The stock has a 50 day simple moving average of $28.84 and a two-hundred day simple moving average of $28.87.

SPDR Portfolio Intermediate Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.0934 per share. This is a boost 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.