SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Short Interest Down 50.1% in August

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 563,920 shares, a drop of 50.1% from the August 15th total of 1,129,550 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 5,797,806 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of SPDR Portfolio Long Term Treasury ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in 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 valued at $383,975,000 after acquiring an additional 4,995,927 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 21.9% during the 4th quarter. Municipal Employees Retirement System of Michigan now owns 15,397,326 shares of the company’s stock worth $407,567,000 after purchasing an additional 2,767,751 shares during the last quarter. LPL Financial LLC grew its position in shares of SPDR Portfolio Long Term Treasury ETF by 22.3% in the fourth quarter. LPL Financial LLC now owns 12,110,309 shares of the company’s stock valued at $320,560,000 after purchasing an additional 2,205,261 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 102.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,613,565 shares of the company’s stock valued at $69,181,000 after purchasing an additional 1,319,951 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 473.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,535,570 shares of the company’s stock valued at $40,633,000 after purchasing an additional 1,267,676 shares during the last quarter.

SPDR Portfolio Long Term Treasury ETF Stock Down 0.2%

SPTL stock traded down $0.06 during trading on Tuesday, hitting $24.65. 7,271,866 shares of the company traded hands, compared to its average volume of 6,439,687. SPDR Portfolio Long Term Treasury ETF has a 1 year low of $24.58 and a 1 year high of $27.70. The stock’s 50-day simple moving average is $25.27 and its 200 day simple moving average is $25.88.

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.