Tennessee Valley Asset Management Partners Makes New $518,000 Investment in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Tennessee Valley Asset Management Partners purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 17,963 shares of the company’s stock, valued at approximately $518,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Carnegie Investment Counsel increased its stake in SPDR Portfolio Intermediate Term Treasury ETF by 1.4% during the fourth quarter. Carnegie Investment Counsel now owns 1,809,234 shares of the company’s stock worth $52,178,000 after acquiring an additional 24,325 shares during the last quarter. Merit Financial Group LLC increased its stake in SPDR Portfolio Intermediate Term Treasury ETF by 7.0% during the fourth quarter. Merit Financial Group LLC now owns 5,757,906 shares of the company’s stock worth $166,058,000 after acquiring an additional 377,331 shares during the last quarter. Bailard Inc. acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter valued at about $684,000. NorthRock Partners LLC grew its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 8,916.4% in the third quarter. NorthRock Partners LLC now owns 888,742 shares of the company’s stock valued at $25,685,000 after buying an additional 878,885 shares in the last quarter. Finally, Compton Financial Group LLC grew its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 3.0% in the third quarter. Compton Financial Group LLC now owns 2,048,526 shares of the company’s stock valued at $59,202,000 after buying an additional 60,286 shares in the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.5%

SPTI stock opened at $28.22 on Friday. SPDR Portfolio Intermediate Term Treasury ETF has a 1 year low of $28.20 and a 1 year high of $29.24. The stock has a 50-day simple moving average of $28.61 and a 200-day simple moving average of $28.81.

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.