Collier Financial Acquires New Stake in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI)

Collier Financial bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) in the first quarter, HoldingsChannel.com reports. The institutional investor bought 565,996 shares of the company’s stock, valued at approximately $16,176,000. SPDR Portfolio Intermediate Term Treasury ETF accounts for approximately 13.8% of Collier Financial’s portfolio, making the stock its 2nd largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Ameriprise Financial Inc. boosted its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 13.3% during the fourth quarter. Ameriprise Financial Inc. now owns 7,554,391 shares of the company’s stock worth $210,677,000 after buying an additional 885,100 shares during the period. Portland Global Advisors LLC grew its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 17.4% during the 4th quarter. Portland Global Advisors LLC now owns 1,219,842 shares of the company’s stock worth $34,009,000 after acquiring an additional 181,156 shares in the last quarter. Headland Capital LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the fourth quarter valued at approximately $12,294,000. Salomon & Ludwin LLC lifted its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 3.8% in the fourth quarter. Salomon & Ludwin LLC now owns 350,971 shares of the company’s stock worth $9,785,000 after purchasing an additional 12,714 shares in the last quarter. Finally, Eldridge Investment Advisors Inc. boosted its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 14.6% during the fourth quarter. Eldridge Investment Advisors Inc. now owns 301,975 shares of the company’s stock worth $8,419,000 after purchasing an additional 38,502 shares during the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Stock Up 0.1%

SPDR Portfolio Intermediate Term Treasury ETF stock opened at $28.29 on Tuesday. SPDR Portfolio Intermediate Term Treasury ETF has a 1-year low of $27.62 and a 1-year high of $29.28. The company has a fifty day simple moving average of $28.46 and a 200 day simple moving average of $28.25.

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.