Gradient Investments LLC Acquires 153,041 Shares of SPDR Portfolio Long Term Treasury ETF $SPTL

Gradient Investments LLC boosted its holdings in shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 19.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 953,502 shares of the company’s stock after buying an additional 153,041 shares during the quarter. Gradient Investments LLC owned approximately 0.23% of SPDR Portfolio Long Term Treasury ETF worth $25,010,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Midwest Financial Network LLC acquired a new stake in shares of SPDR Portfolio Long Term Treasury ETF in the second quarter valued at approximately $510,000. Archer Investment Management LLC raised its stake in SPDR Portfolio Long Term Treasury ETF by 9.0% in the 2nd quarter. Archer Investment Management LLC now owns 72,540 shares of the company’s stock valued at $1,903,000 after acquiring an additional 6,005 shares during the period. Fermata Advisors LLC raised its stake in SPDR Portfolio Long Term Treasury ETF by 8.2% in the 2nd quarter. Fermata Advisors LLC now owns 25,875 shares of the company’s stock valued at $679,000 after acquiring an additional 1,962 shares during the period. Balefire LLC raised its stake in SPDR Portfolio Long Term Treasury ETF by 5.2% in the 2nd quarter. Balefire LLC now owns 37,703 shares of the company’s stock valued at $989,000 after acquiring an additional 1,876 shares during the period. Finally, GK Wealth Management LLC acquired a new stake in SPDR Portfolio Long Term Treasury ETF during the 2nd quarter valued at $248,000.

SPDR Portfolio Long Term Treasury ETF Stock Up 0.3%

SPTL stock opened at $25.25 on Friday. The company has a fifty day moving average price of $25.79 and a two-hundred day moving average price of $26.18. SPDR Portfolio Long Term Treasury ETF has a one year low of $25.00 and a one year high of $27.70.

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. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.