Independence Wealth Advisors LLC Makes New Investment in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Independence Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 242,464 shares of the company’s stock, valued at approximately $6,993,000. SPDR Portfolio Intermediate Term Treasury ETF accounts for approximately 3.9% of Independence Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest position.

Other large investors have also made changes to their positions in the company. Blalock Williams LLC purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF during the third quarter worth about $711,000. Gradient Investments LLC increased its holdings 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 valued at $35,216,000 after buying an additional 64,799 shares in the last quarter. CWM LLC increased its holdings 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 buying an additional 783,183 shares in the last quarter. Scotia Capital Inc. lifted its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 31.8% during the 2nd quarter. Scotia Capital Inc. now owns 58,239 shares of the company’s stock valued at $1,676,000 after acquiring an additional 14,055 shares during the period. Finally, DAVENPORT & Co LLC boosted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 32.0% during the 3rd quarter. DAVENPORT & Co LLC now owns 188,655 shares of the company’s stock worth $5,452,000 after acquiring an additional 45,703 shares in the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.6%

SPTI opened at $28.52 on Monday. SPDR Portfolio Intermediate Term Treasury ETF has a one year low of $28.11 and a one year high of $29.24. The business’s fifty day moving average is $28.87 and its two-hundred day moving average is $28.91.

SPDR Portfolio Intermediate Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.0841 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.