SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Hits New 1-Year Low – Here’s What Happened

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL – Get Free Report)’s share price reached a new 52-week low on Tuesday. The company traded as low as $23.91 and last traded at $23.8750, with a volume of 6490740 shares trading hands. The stock had previously closed at $24.06.

SPDR Portfolio Long Term Treasury ETF Trading Down 0.6%

The stock has a fifty day simple moving average of $25.06 and a 200-day simple moving average of $25.71.

Hedge Funds Weigh In On SPDR Portfolio Long Term Treasury ETF

Hedge funds have recently added to or reduced their stakes in the stock. State Street Corp increased its position in shares of SPDR Portfolio Long Term Treasury ETF by 13.0% in the second quarter. State Street Corp now owns 77,418,976 shares of the company’s stock valued at $2,030,700,000 after buying an additional 8,901,340 shares in the last quarter. Bank of America Corp DE boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 52.0% in the 1st quarter. Bank of America Corp DE now owns 14,599,817 shares of the company’s stock worth $383,975,000 after buying an additional 4,995,927 shares in the last quarter. LPL Financial LLC grew its stake in SPDR Portfolio Long Term Treasury ETF by 22.3% in the 4th quarter. LPL Financial LLC now owns 12,110,309 shares of the company’s stock valued at $320,560,000 after acquiring an additional 2,205,261 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in SPDR Portfolio Long Term Treasury ETF by 8.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,877,341 shares of the company’s stock valued at $311,543,000 after acquiring an additional 935,837 shares in the last quarter. Finally, One Day In July LLC increased its holdings in SPDR Portfolio Long Term Treasury ETF by 10.0% during the 1st quarter. One Day In July LLC now owns 3,551,633 shares of the company’s stock valued at $93,408,000 after acquiring an additional 321,774 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Company Profile

(Get Free Report)

SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.

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