SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Sets New 12-Month High – Here’s What Happened

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $29.15 and last traded at $29.12, with a volume of 1008452 shares changing hands. The stock had previously closed at $29.09.

SPDR Portfolio Intermediate Term Treasury ETF Trading Up 0.1%

The stock’s 50-day simple moving average is $28.90 and its 200-day simple moving average is $28.64.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. TruNorth Capital Management LLC purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF during the 3rd quarter valued at $145,000. Sentinel Pension Advisors LLC increased its position in SPDR Portfolio Intermediate Term Treasury ETF by 4.4% during the 3rd quarter. Sentinel Pension Advisors LLC now owns 1,201,540 shares of the company’s stock valued at $34,724,000 after purchasing an additional 50,525 shares during the period. Financial Consulate Inc. purchased a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter worth about $38,000. Salomon & Ludwin LLC grew its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 1.3% in the 3rd quarter. Salomon & Ludwin LLC now owns 425,897 shares of the company’s stock worth $12,291,000 after buying an additional 5,538 shares during the period. Finally, Mather Group LLC. grew its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 3.7% in the 3rd quarter. Mather Group LLC. now owns 10,729,157 shares of the company’s stock worth $310,073,000 after buying an additional 379,765 shares during the period.

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.