SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Sets New 12-Month Low – What’s Next?

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $24.74 and last traded at $24.7680, with a volume of 245684 shares traded. The stock had previously closed at $24.98.

SPDR Portfolio Long Term Treasury ETF Stock Down 0.0%

The business’s fifty day moving average is $25.30 and its 200-day moving average is $25.91.

Hedge Funds Weigh In On SPDR Portfolio Long Term Treasury ETF

Several hedge funds and other institutional investors have recently bought and sold shares of SPTL. Studio Investment Management LLC boosted its stake in SPDR Portfolio Long Term Treasury ETF by 2.1% during the fourth quarter. Studio Investment Management LLC now owns 19,569 shares of the company’s stock worth $518,000 after acquiring an additional 404 shares in the last quarter. IHT Wealth Management LLC grew its holdings in SPDR Portfolio Long Term Treasury ETF by 1.9% in the fourth quarter. IHT Wealth Management LLC now owns 21,795 shares of the company’s stock worth $577,000 after purchasing an additional 409 shares during the period. Bell Investment Advisors Inc increased its stake in SPDR Portfolio Long Term Treasury ETF by 18.6% in the first quarter. Bell Investment Advisors Inc now owns 2,660 shares of the company’s stock valued at $70,000 after purchasing an additional 418 shares in the last quarter. Drucker Wealth 3.0 LLC increased its stake in SPDR Portfolio Long Term Treasury ETF by 0.5% in the first quarter. Drucker Wealth 3.0 LLC now owns 85,485 shares of the company’s stock valued at $2,248,000 after purchasing an additional 421 shares in the last quarter. Finally, Stonebridge Financial Group LLC raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 5.0% during the second quarter. Stonebridge Financial Group LLC now owns 10,767 shares of the company’s stock valued at $282,000 after purchasing an additional 510 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. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.