SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Sees Large Volume Increase – Time to Buy?

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) shares saw unusually-strong trading volume on Monday . Approximately 13,152,998 shares were traded during mid-day trading, an increase of 255% from the previous session’s volume of 3,702,871 shares.The stock last traded at $27.28 and had previously closed at $26.98.

SPDR Portfolio Long Term Treasury ETF Price Performance

The firm has a 50 day moving average price of $26.50 and a two-hundred day moving average price of $27.41.

Institutional Trading of SPDR Portfolio Long Term Treasury ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Flagship Wealth Advisors LLC acquired a new stake in SPDR Portfolio Long Term Treasury ETF during the 4th quarter worth about $27,000. IMG Wealth Management Inc. acquired a new position in shares of SPDR Portfolio Long Term Treasury ETF in the 4th quarter valued at about $36,000. Peterson Financial Group Inc. bought a new stake in shares of SPDR Portfolio Long Term Treasury ETF during the 3rd quarter valued at about $37,000. Spire Wealth Management grew its stake in SPDR Portfolio Long Term Treasury ETF by 416.0% during the fourth quarter. Spire Wealth Management now owns 1,517 shares of the company’s stock worth $40,000 after purchasing an additional 1,223 shares during the period. Finally, Realta Investment Advisors grew its stake in SPDR Portfolio Long Term Treasury ETF by 4,718.4% during the fourth quarter. Realta Investment Advisors now owns 1,831 shares of the company’s stock worth $48,000 after purchasing an additional 1,793 shares during the period.

About SPDR Portfolio Long Term Treasury ETF

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.