Cornerstone Wealth Management LLC raised its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI – Free Report) by 16.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 163,155 shares of the company’s stock after acquiring an additional 22,953 shares during the period. Cornerstone Wealth Management LLC’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $4,705,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the business. Caitlin John LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 3rd quarter worth $27,000. Franklin Resources Inc. raised its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the 2nd quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after purchasing an additional 449 shares during the period. Addison Advisors LLC bought a new position in SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter worth $39,000. Smartleaf Asset Management LLC purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF during the second quarter valued at $42,000. Finally, Tower Research Capital LLC TRC bought a new stake in SPDR Portfolio Intermediate Term Treasury ETF during the second quarter valued at about $49,000.
SPDR Portfolio Intermediate Term Treasury ETF Price Performance
NYSEARCA:SPTI opened at $28.37 on Friday. The stock has a 50-day simple moving average of $28.63 and a two-hundred day simple moving average of $28.81. SPDR Portfolio Intermediate Term Treasury ETF has a 52-week low of $28.20 and a 52-week high of $29.24.
About SPDR Portfolio Intermediate Term Treasury ETF
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.
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