Woodmont Investment Counsel LLC Acquires 88,287 Shares of SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Woodmont Investment Counsel LLC raised its holdings in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 14.0% in the third quarter, Holdings Channel reports. The fund owned 718,366 shares of the company’s stock after acquiring an additional 88,287 shares during the period. SPDR Portfolio Intermediate Term Treasury ETF accounts for about 1.4% of Woodmont Investment Counsel LLC’s portfolio, making the stock its 17th biggest position. Woodmont Investment Counsel LLC’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $20,761,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 164.5% during the 2nd quarter. Bank of America Corp DE now owns 18,216,837 shares of the company’s stock valued at $524,098,000 after purchasing an additional 11,328,620 shares in the last quarter. GLOBALT Investments LLC GA raised its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 75.2% during the 2nd quarter. GLOBALT Investments LLC GA now owns 5,687,092 shares of the company’s stock worth $163,618,000 after buying an additional 2,440,938 shares during the period. State Street Corp lifted its stake 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 in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 49.8% in the second quarter. Envestnet Asset Management Inc. now owns 5,259,954 shares of the company’s stock valued at $151,328,000 after buying an additional 1,748,738 shares during the period. Finally, CWM LLC increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 46.3% during the second quarter. CWM LLC now owns 4,557,214 shares of the company’s stock worth $131,111,000 after acquiring an additional 1,442,203 shares in the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

Shares of NYSEARCA:SPTI opened at $28.83 on Monday. SPDR Portfolio Intermediate Term Treasury ETF has a 12 month low of $27.80 and a 12 month high of $29.15. The company’s fifty day simple moving average is $28.87 and its 200 day simple moving average is $28.86.

SPDR Portfolio Intermediate Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd will be paid a $0.0934 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%. This is a positive change 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.