Frisch Financial Group Inc. Purchases Shares of 48,280 SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Frisch Financial Group Inc. acquired a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 48,280 shares of the company’s stock, valued at approximately $1,395,000.

Several other large investors have also made changes to their positions in SPTI. Bank of America Corp DE grew its position in SPDR Portfolio Intermediate Term Treasury ETF by 164.5% during the second quarter. Bank of America Corp DE now owns 18,216,837 shares of the company’s stock valued at $524,098,000 after acquiring an additional 11,328,620 shares during the period. Mather Group LLC. grew its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 3.7% during the 3rd quarter. Mather Group LLC. now owns 10,729,157 shares of the company’s stock worth $310,073,000 after purchasing an additional 379,765 shares during the period. Ameriprise Financial Inc. increased its position in SPDR Portfolio Intermediate Term Treasury ETF by 10.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,544,393 shares of the company’s stock worth $245,801,000 after purchasing an additional 781,029 shares in the last quarter. Envestnet Asset Management Inc. increased its position in SPDR Portfolio Intermediate Term Treasury ETF by 13.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,960,678 shares of the company’s stock worth $172,264,000 after purchasing an additional 700,724 shares in the last quarter. Finally, State Street Corp raised its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 72.9% in the second quarter. State Street Corp now owns 5,724,495 shares of the company’s stock valued at $164,694,000 after buying an additional 2,412,823 shares during the period.

SPDR Portfolio Intermediate Term Treasury ETF Trading Up 0.0%

SPTI opened at $29.02 on Friday. SPDR Portfolio Intermediate Term Treasury ETF has a 52-week low of $28.03 and a 52-week high of $29.15. The company has a 50 day moving average of $28.85 and a two-hundred day moving average of $28.89.

SPDR Portfolio Intermediate Term Treasury ETF Increases Dividend

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

SPDR Portfolio Intermediate Term Treasury ETF Company 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.